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3 years ago

A bond with a face value of $1,000 that sells for $1,000 in the market is called a _____ bond.

Business

2 answers:

Kay [80]3 years ago

7 0

A bond with a face value of $1,000 that sells for $1,000 in the market is called a par bond.

When a bond trades for its face amount, this is called a flat or a par bond. There is no gain or loss compared to the face value.

sleet_krkn [62]3 years ago

6 0

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2 years ago

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Preferred stockholders: A. have the right to receive dividends only if there are enough dividends to pay the common stockholders

olga55 [171]

Answer:

D. have the right to receive dividends only in the years the board of directors declares dividends.

Explanation:

As we know that the dividend is received when the board of director declared the dividend for that the company should have enough balance for distribution of dividend

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3 years ago

Roberson Corporation was organized on January 1, 2014, with authorized capital of 750,000 shares of $10 par value common stock.

Novosadov [1.4K]

Answer:

additional paid capital = $63000

Explanation:

Given data

share = 750000 @ $10 / common stock

issued = 30,000 shares @ $12 per share

purchased = 3,000 shares @ $13 per share

sold = 3,000 shares @ $14 per share

to find out

the amount of Additional paid-in capital

solution

we know here additional paid capital is sum of all value

so we find first

issued value that is

issue share value = no of share × excess per share

issue share value = 30000 × (12-10)

issue share value = $60000 ...............................1

and

purchased value

purchased share value = no of share × excess per share

purchased share value = 3000 × (13-10)

purchased share value = $9000 ...............................2

and

sold value

sold share value = no of share × excess per share

sold share value = 3000 × (14-10)

sold share value = $12000 ...............................3

additional paid capital is sum of equation 1 , 2 and 3

additional paid capital = $60000 + $9000 +$12000

additional paid capital = $63000

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3 years ago

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