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.
Personal ownership of resources exists in capitalism and command economies.
Ownership is the legal proper to possess something. An instance of ownership is possessing a selected house and property. noun.
Ownership refers to the felony proper of an character, group, agency or government to the ownership of a thing. The difficulty of ownership is of types cloth and immaterial things. material possession is that which is tangible like belongings, land, vehicle, e-book, and many others. A shareholder is someone, employer, or institution that owns at least one share of a company's inventory or in a mutual fund. Shareholders essentially own the organization, which comes with certain rights and obligations. This kind of possession allows them to acquire the blessings of a commercial enterprise's success.
Ultimately, taking ownership is vital because it builds consideration, assistance, and bonds with humans you care about. A group cannot thrive without a subculture of responsibility as it's what continues everybody operating together toward a collective, described organizational undertaking.
Learn more about ownership here:
brainly.com/question/25734244
#SPJ1
Answer:40,000+3650=43650 income
Explanation:
Answer:
The total amount of paid-in capital in excess of par is: $5,000.
Explanation:
When Common Stocks are classified as par value Stocks, any price paid in excess of the par value of the Stock is accounted for in the Share Premium account.
<u>Here is the Summary of the Transaction provided.</u>
Common Stocks : 260 shares × $100 = $26,000
Paid-in capital in excess of par : $31,000 - $26,000 = $5,000
