1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Paraphin [41]
3 years ago
5

Legal capital is best defined as

Business
1 answer:
Vanyuwa [196]3 years ago
7 0

Answer:

b. the par value of all capital stock issued.

Explanation:

As per the business format, capital of a company is the value of share capital.

Now, also legal capital means the share capital issued as this reflects the legal share of individual investors in the company.

Authorized capital is the value of maximum capital that can be issued by the company in the form of equity shares.

Issued capital is that part of authorized capital that is actually issued.

And therefore, the par value that is the face value of shares issued, that is equity issued is the legal capital of the company.

You might be interested in
Which of the following methodologies might be most appropriate if you have a system project with: unclear requirements; very fam
Anna71 [15]

Answer:

The last option is wrong, the correct option to that question is: Extreme Programming.

And the correct answer is that option.

Explanation:

To begin with, the name of <em>"Extreme Programming"</em> refers to a specific methodology of development of software that mainly focuses in the improvement of software quality and the responsiveness to changing customers requirements. Moreover, this methodology best fits in the cases where the system project comes with unclear requirements and where there is a short time schedule due to the fact that as a type of agile software development it advocates frequent releases in short time cycles that are primarily focus on introducing checkpoints in where the requirements of the consumers who are unclear can be adopted.

5 0
4 years ago
Daphne owns a night club and frequently entertains large crowds. She feels very comfortable on stage and loves to make people la
Sonja [21]

he should do all but panic

3 0
4 years ago
A single bond with a face value of $1,000 has a stated annual interest rate of 7.6%. The last bond traded on this day was 98.45%
Drupady [299]

The cost of the bond at costing is $984.50.

<h3>What is a bond?</h3>
  • A bond is a type of financial security in which the issuer (the debtor) owes the holder (the creditor) a debt and is obligated to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified period of time, depending on the terms.
  • Interest is usually paid at regular intervals (semiannual, annual, and less often at other periods).
  • As a result, a bond is a type of loan or IOU.
  • Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, current expenditures.

To determine the cost of the bond at costing:

  • $1,000 is the face value.
  • Multiply this by the closing rate to find the cost of the bond at closing.
  • $1,000 × .9845 = $984.50

Therefore, the cost of the bond at costing is $984.50.

Know more about bonds here:

brainly.com/question/25965295

#SPJ4

7 0
2 years ago
As more people become self-employed, which allows them to determine how many hours they work per week, we would expect the deadw
garik1379 [7]

Answer: increase, while the revenue that is generated from the tax would reduce.

Explanation:

Deadweight loss occurs when there's a decline in total surplus which is due to the fact that there's a distortion in the market. Social Security tax is a tax that's imposed by the government on the employers and the workers in the country which is used to cater for the old, disabled, veterans etc.

Based on the scenario in the question, we would expect the deadweight loss from the Social Security tax to increase, while the revenue that is generated from the tax would reduce.

7 0
3 years ago
A good thing to consider while figuring out your business goals is
Allisa [31]
A or C is what i think
8 0
2 years ago
Other questions:
  • NIKE, Inc., is the best-known sports shoe, apparel, and equipment company in the world because of its association with athletes
    11·1 answer
  • Sales personnel involved in​ ________ earn the highest level of compensation.
    10·1 answer
  • Project metadata is data that is ________.
    5·1 answer
  • How do street crime and white-collar crime compare in terms of cost to society and prevalence?
    7·1 answer
  • An energy company is seeking to build a pipeline across multiple Canadian provinces and U.S. states. Though __________________ m
    12·1 answer
  • Amy, the chief operations officer of a company that manufactures baby products, formulates a plan on how the company's newly lau
    8·1 answer
  • A contingent liability:
    6·1 answer
  • In 2014, a drought in the Midwest raised grain prices, leading to a decline in the size of cattle herds. Ultimately, the price o
    6·1 answer
  • Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure m
    13·1 answer
  • While in the planning stage, what would a project manager create through the use of software?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!