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Mashcka [7]
3 years ago
13

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the

par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock
Business
1 answer:
slavikrds [6]3 years ago
7 0

Answer:

b. in excess of the par value from the original sale of common stock

Explanation:

The additional paid-in is the difference between the par value of a share and the value on which they are issued.

For example:

10,000 par value $5 issued at $8.60

$$issued - par value = additional paid-in  

8.60 - 5 = 3.60 paid-in per share

10,000 shares * $3.6 = $36,000 total paid-in

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. Underwater Experimental is considering a project which requires the purchase of $498,000 of fixed assets. The net present valu
GarryVolchara [31]

Answer:

$13.25

Explanation:

The computation of the new book value per share is as follows

current market price per share is

= market value ÷  number of shares outstanding

= $936,000 ÷ 60,000

= 15.6

Now

number of shares to be issued is

= cost of the machine ÷current market price per share

= $498,000 ÷ $15.60

= 31923.07692

Now

The new book value per share is

= (current book value + amount raised from the issuance of shares ) ÷ ( current number of shares + number of shares issued for machinery purchase

= ($720,000 + $498,000 ) ÷ ( 60,000 + 31923.08 )

= $13.25

3 0
3 years ago
A(n) ______ allows the free movement of factors of productions among member countries, eliminates trade barriers among member co
Alecsey [184]

Answer:

common market

Explanation:

5 0
2 years ago
After his annual performance appraisal, Joe was disappointed with his 5 percent increase in pay, compared to the 10 percent incr
7nadin3 [17]

Answer:

Setting specific goals

Explanation:

Because Joe was dissatisfied with his 5 percent rise in pay as opposed to his colleagues '10 percent raise and plus he is not informed of the minimum standard.

So for improving the performance he should set his specific goals so that he should accomplish the company goals and objectives due to which he will get the appraisal next time

7 0
3 years ago
On January 1, a company issues bonds dated January 1 with a par value of $240,000. The bonds mature in 5 years. The contract rat
erica [24]

Answer:

The journal entry on maturity is as follows:

Dr bonds payable  $240,000

Cr cash                                     $240,000

Being redemption of bonds

Explanation:

At the end of the life of the bond,the bond premium or discount would have been fully amortized,hence the only entry left to be made is to debit bonds payable account with face value of the bond and a credit of the same amount to cash account to record the outflow of cash.

The face value of the bond is $240,000,hence the $240,000 is debited to bonds payable in order to finally cancel the debt obligation.

3 0
3 years ago
Read 2 more answers
A sound principle to follow in demand forecasting is to
Vaselesa [24]

One of the most important principle in this regard is the appropriate product history which effects the future demand of the product.

<u>Explanation:</u>

Demand forecasting is to make predictions and forecast the demand of the product that has been produced by a particular firm. Since the demand has to be forecasted and predicted, a lot o factors which might be controllable and might be uncontrollable factors have to be taken in mind to forecast the demand.

The things to be kept in mind in this regard are the history of the product where previous sales will affect the prediction of the future demand, the promotions of the product, the trends and so on.

7 0
2 years ago
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