1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
n200080 [17]
3 years ago
12

Stated value of no-par stock is:

Business
2 answers:
Nitella [24]3 years ago
6 0

Answer:

C. The market value of the stock on the date of issuance.

Explanation:

No-par stocks do not have any par value printed on them.This helps companies avoid the theoretical liability for if the stock falls below the par value. When there is no par value of stock, investors pay what they think is the right price according to cash flows and profitability of the issuing company, thus no-par stocks carry a market value as associated with it by the investors.

Hope that helps.

sdas [7]3 years ago
5 0

Answer: The correct answer is "e. An amount assigned to no-par stock by the corporation's board of directors.".

Explanation: Stated value of no-par stock is: <u>An amount assigned to no-par stock by the corporation's board of directors.</u>

<u>The board of directors of the corporation are those who designate a declared value for no-par stock.</u>

You might be interested in
Johnston Company wants to double production of Product X from 1,000 units to 2,000 units. The variable manufacturing cost per un
ratelena [41]

Answer: C - $30,000

Explanation: Johnston Company wants to double production of Product X from 1,000 units to 2,000 units.

The variable manufacturing cost per unit is $10. The variable non manufacturing cost per unit is $20.

The selling price per unit is $50

To increase production by 1000 units

Total cost is $10 + $20 = $30

Total incremental cost = 1,000 * $30= $30,000

7 0
3 years ago
In which situation would it be better to use a credit card instead of cash?
bonufazy [111]
Computer, its a larger amount of money to pay so it would be best there

6 0
3 years ago
A vending​ machine's coin box contains​ nickels, dimes, and quarters. The total number of coins in the box is 284. The number of
solong [7]

Answer:

there are 59 nickels, 12 quarters, and 213 dimes

Explanation:

  • let n = nickels
  • let q = quarters
  • let d = dimes

first step:

d = 3 (n + q) = 3n + 3q

d + n + q = 284

0.10d + 0.05n + 0.25q = 27.25

second step:

3n + 3q + n + q = 284

0.10 (3n + 3q) + 0.5n + 0.25q = 27.25

third step:

4n + 4q = 284

0.3n + 0.3q + 0.05n + 0.25q = 27.25

fourth step:

n + q = 71

0.35n + 0.55q = 27.25

fifth step:

replace q = 71 - n

0.35n + 0.55(71 - n) = 27.25

sixth step:

0.35n + 39.05 - 0.55n = 27.25

seventh step:

11.8 = 0.2n

eighth step:

n = 59

q = 71 - 59 = 12

d = 284 - n - q = 284 - 59 - 12 = 213

6 0
3 years ago
Carr Corporation retires its $100,000 face value bonds at 105 on January 1, following the payment of interest. The carrying valu
Brrunno [24]

Answer: A. debit of $3,745 to Premium on Bonds Payable.

Explanation:

The carrying value of the bonds at redemption date is $103,745.

The bonds retired however, had a face value of $100,000.

The company therefore paid a premium on these bonds which is:

= 103,745 - 100,000

= $3,745

This amount will be debited to the Premium on Bonds Payable account.

4 0
2 years ago
Complete the following sentence.
grandymaker [24]

Answer:

Crucial or important?

Explanation:

Tell me if there's anything else to the question but I would say that it is very important to convince a person with understanding or appeal.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Kyle wants to buy a new watch. while making the decision to buy the watch, he purchases the brand of watch that his favorite act
    15·2 answers
  • How much interest, if any, can jaxon deduct in year 0 if his business uses the cash method of accounting for tax purposes?
    7·1 answer
  • a decline in discpsable incomeAssume a machine that has a useful life of only one year costs $2,000. Assume also that net of suc
    14·1 answer
  • What does the owner of a miniature golf business provide her customers with?
    10·1 answer
  • What form of FDI is NOT an option in the service industry, due to the fact that many services have to be produced where they are
    8·1 answer
  • Skidmore Music Company had the following transactions in March: Sold instruments to customers for $16,300; received $11,200 in c
    9·1 answer
  • Why would an analyst include among other things, airplane parts, legal services and software, in an analysis of international ec
    6·1 answer
  • On April 1, 2021, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules,
    13·1 answer
  • For better inventory and distribution, employees should be educated on all of the procedures involved and should be given as muc
    13·1 answer
  • Poka Yoke uses a number of devices to mistake-proof a process. Which of the following would NOT be included?A)Fixture templatesB
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!