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3 years ago

What is Meant by shares of a Company..!!??

Business

2 answers:

love history [14]3 years ago

3 0

Answer:

A company's capital is divided into small equal units of a finite number. Each unit is known as a share. In simple terms, a share is a percentage of ownership in a company or a financial asset. Investors who hold shares of any company are known as shareholders. ... 10 then the number of shares to be issued will be 1 lakh.

Kaylis [27]3 years ago

3 0

What Are Shares?

Shares are units of equity ownership interest in a corporation that exist as a financial asset providing for an equal distribution in any residual profits, if any are declared, in the form of dividends. Shareholders may also enjoy capital gains if the value of the company rises.

Or another example !! ⬇️

A company's capital is divided into small equal units of a finite number. Each unit is known as a share. In simple terms, a share is a percentage of ownership in a company or a financial asset. Investors who hold shares of any company are known as shareholders. ... 10 then the number of shares to be issued will be 1 lakh.

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A $50 par value convertible preferred stock is convertible into 5 shares (exercise price of $10). The preferred is selling for $

m_a_m_a [10]

Answer:

33.3%

Explanation:

Cost of one common stock =$12

Cost of 5 common stock = $60

Price of preferred stock = $75, which is more than $60

Hence, it would not make sense to convert the preferred stock shared into common stock as of now.

Now, if P is $20, then price of 5 stocks:

= 5 × 20

= $100

Hence, the Preferred stock price must increase to at least $100 otherwise there will be arbitrage opportunity.

Increase in price:

= price of 5 stocks - Price of preferred stock

= $100 - $75

= $25

% increase = (Increase in price ÷ Price of preferred stock) × 100

= (25 ÷ 75) × 100

= 33.3%

7 0

4 years ago

Lydia, a minor, charges the cost of a smartphone at a Mobile Devices & Minutes store. Two nights later, Lydia loses the pho

MatroZZZ [7]

Answer:

A) if it is deemed a necessary good

Explanation:

Minors are not usually bound by a contract, and most of the time they can avoid liability under a contract. Minors can only sign a valid contract if it includes something that is essential for them. Medicines, food and medical services are the only things that are usually considered essential for a minor.

So the store has to prove that selling her the cell phone was a necessity, and something essential for her. It is possible to prove that it was a necessity, but it is something very difficult to do.

But the fact that the contract is not valid doesn't mean that Lydia can do whatever she wants. Her parents are responsible for returning the cell phone or since she lost it, they are responsible for paying it.

6 0

4 years ago

Built-Tight is preparing its master budget for the quarter ended September 30. Budgeted sales and cash payments for product cost

Inessa05 [86]

Answer and Explanation:

The Preparation of cash budget for each of the months of July, August, and September is shown below:-

Cash budget

For the month of July, August and September

July August September

Beginning cash balance $15,000 $15,000 $25,505

Cash receipts from

customer (Working note) $57,800 $67,200 $73,600

Total cash available $72,800 $82,200 $99,105

Less:

Cash disbursements

Direct Materials $16,160 $13,440 $13,760

Sales commission $6,400 $8,000 $4,800

(10% of sales)

Office salaries $4,000 $4,000 $4,000

Rent $6,500 $6,500 $6,500

Direct Labor $4,040 $3,360 $3,440

Overhead Cost $20,200 $16,800 $17,200

Interest on bank loan

For July (5,000 × 1%) $50

For August $46

($5,000 - $4,550) × 1%))

For September $0

Preliminary Cash

balance $15,450 $30,055 $49,405

Repayment of loan to

Bank $450 $4,550

($5,000 - $450)

Ending cash balance $15,000 $25,505 $49,405

Working Note

The ending balance of the particular month should be treated as a opening balance of next month

August ending balance will be forwarded in Sept as a opening balance.

Working Note

July August September

Sales $64,000 $80,000 $48,000

Less:

Ending accounts

receivable

(80% of sales) $51,200 $64,000 $38,400

Cash sales $12,800 $16,000 $9,600

Last month cash

collection $45,000 $51,200 $64,000

Cash receipts from

customer $57,800 $67,200 $73,600

Therefore we added the cash receipts as it increase the cash balance and deduct all cash payment as it decrease the cash balance

7 0

4 years ago

Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During

dimulka [17.4K]

Answer:

paid in capital in excess of par value = $2000

and There will be a debit to Organisation expenses for $4,700

Explanation:

given data

charter authorized = 100,000 shares

common stock = $10 par value

issued = 270 shares

payment = $4,700

solution

we know here that

Paid up value of the stock = $10 per share

and here shares issue to the attorney satisfying the organisation expenses is 270 shares

so common stock = 270 shares × $10

common stock = $2700

so paid in capital in excess of par value = $2000

and There will be a debit to Organisation expenses for $4,700

8 0

3 years ago

What could this sign is on the left side

Mnenie [13.5K]

Answer:

well the sign on the left showes a coffee and on the right they said twi dollars for the brewed coffee

4 0

3 years ago

What is Meant by shares of a Company..!!??​

What is Meant by shares of a Company..!!??