Answer: d. Total contributed capital on the balance sheet
Explanation:
When Common stock is issued this is known as a Paid-In Capital. If there is an excess over the par value, this will be an additional amount and so will be recorded in the Additional Paid-In Capital account.
This account is on the Equity side of the balance sheet and will form part of the capital contribution to the company because it was given to the company by shareholders.
Answer:
Return on Investment
The statement that is true is:
b) If a company has $2,000,000 invested in buildings, equipment, and other assets and desires to earn a return on investment of 30%, the company will need to earn a net income of $600,000 (30% of $2,000,000).
Explanation:
The company's Return on Investment is a financial performance measure that calculates the efficiency of the use of investment resources by dividing the returns generated by an investment by the cost of the investment during a period of time. It can be used to evaluate a divisional manager's performance based on the returns generated from the investments made in the division.
<span>In a general partnership, all partners share joint and full responsibility for the financial dealings of the partnership, meaning that if the partnership is sued, the general partners are financially responsible. A limited partnership has both general partners and limited partners. The limited partners are insulated from a majority of financial responsibilities that fall on the general partner.</span>
Answer:
b
Explanation:
<em>The correct answer would be a share price of the mutual fund.</em>
<u>The Net Asset Value (NAV) is defined as the total assets less the total liability of a mutual fund or an exchange-traded fund. Mathematically, it is represented as:</u>
NAV = asset's value - liability's value
The net asset value, when it concerns the mutual fund is represented on a per-share basis and is used to determine the value of assets held by investors.
Hence, the net asset value can be viewed as a share price of the mutual fund.
Correct option: b