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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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If a commercial banking system has $200,000 in checkable deposits, actual reserves of $70,000, and a reserve ratio of 20 percent
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Answer:

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Explanation:

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3 years ago
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Answer:

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4 0
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Marta_Voda [28]

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8 0
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Answer:

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