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MrRissso [65]
3 years ago
7

"Alfonzo and Wendy were arguing about whether their company should issue par value common stock or no-par value common stock. Al

fonzo said that par value stock was better because they could use it to help set the market price of the stock. Wendy disagreed. Who was right and why
Business
1 answer:
Darina [25.2K]3 years ago
8 0

Answer:

Wendy was right because par value stock has not impact on the market price of the stock.

Explanation:

Par Value:

The par value of stock is the value, that is generally a very small amount, which is stated on the stock certificates of a company. It has no connection with the market price of the stock.

  • Some states ask the company to assign a par value for stock so that's why the companies minimum par value to the stock.
  • If some companies don't assign par value to their stock then its means that their shares have no-par value.
  • In our case, Wendy was right due to the fact that par values has no concern with the market price of the stock.

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Carson Company purchased a depreciable asset for $560,000. The estimated salvage value is $28,000, and the estimated useful life
LenaWriter [7]

Answer:

$79,800

Explanation:

Depreciation expense using the activity method = (actual hours of use in a given period / total estimated hours of use ) × ( Cost of asset - Salvage value)

(1500/10,000) × ($560,000 - $28,000) = $79,800

I hope my answer helps you.

5 0
3 years ago
According to Franks and Smallwood (2013), information has not become the lifeblood of every organization, and that an increasing
miskamm [114]

Answer:

B. False.

Explanation:

The above statement is false in that it asserts that information has not become the lifeblood of every organization. While it's true that an increasing volume of information today has increased and exchanged through the social networks and web2.0 tools like blogs, microblogs and wikisa, this further lends credence to the indispensability of information in this contemporary times.

In contrast, what Frank and Smallwood(2013) preached was that information has now become a lifeblood of every organization. This is an undisputed reality in their study and intellectual intervention. Thus, they went on give a demographic distribution of information through the use of social networks and/or web2.0 tools like blogs, microblogs, and wikisa.

6 0
4 years ago
Drag the tiles to the boxes to form correct pairs.
Mumz [18]

Answer: cost, labor, input, infrastructure

             

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6 0
3 years ago
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pickupchik [31]

Answer: 9/16/2020

Explanation:

Following the information given in the question, it should be noted that the partnership will terminate on 9/16/2020.

A partnership is terminated in a situation whereby there's a transfer of interest such that there's only one partner who then remains. In this casez the termination date will be the date that the interest was sold. Since the sale of interest took place on September 16, 2020, then this will be the termination date.

5 0
3 years ago
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OLEGan [10]

Answer:

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Explanation:

Economists believe that the recession during 1937 was the result of government's decision to curb government spending as this idea was immature. Even after Roosevelt's decision there was recession and political atmosphere heated up due to this.

Roosevelt and his advisors made a decision to curb government spending thinking it would take the country of recession. It is also believed that there was contraction in the money supply caused by 'Federal Reserve and Treasury Department' policies which may have contributed to the Recession. Unemployment grew worsening the situation.

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