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Varvara68 [4.7K]
2 years ago
11

Common stock's par value ______. (Check all that apply.) Multiple select question. has become less meaningful because states use

other means to prevent stockholders from removing capital from financially distressed companies equals the amount of cash contributed by shareholders was introduced to prevent bankrupt companies from unfairly distributing company resources affects how common stock is recorded
Business
1 answer:
andrew11 [14]2 years ago
7 0

Considering the available options, Common stock's par value "<u>has become less meaningful because states use other means to prevent stockholders from removing capital from financially distressed companies."</u>

Also, Common Stock's par value "<u>was introduced to prevent bankrupt companies from unfairly distributing company resources."</u>

Again, Common Stock's par value "<u>affects how common stock is recorded."</u>

Generally, Common stock's par value is the amount or price of stock shown on the bond certificate. It is usually between $0.10 to $0.01.

Hence, in this case, it is concluded that the correct answer is options A, C, and D.

Learn more about Common stock's par value here: brainly.com/question/3521865

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