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Varvara68 [4.7K]
3 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]3 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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Under a perpetual inventory system, the amount of each type of merchandise on hand is available in the
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The inventory ledger contains the data regarding the amount of each type of merchandise a company has. To add up, the inventory ledger is the record in which its main function is to "track inventory transactions." It is important that the contents of the inventory ledger should coincide with the general ledger.
5 0
3 years ago
Jan and Kyle sign a contract that provides if a dispute arises, they will submit to arbitration. A dispute arises, but before it
elena-14-01-66 [18.8K]

Answer:

D. Order the parties to arbitrate

Explanation:

Under an arbitration agreement, the parties to such a contract mutually agree to settling future disputes outside court.

Like every contract, such a contract is legally binding and the terms cannot be revoked by one of the parties later. The parties are bound by arbitration in such cases, as is mutually agreed initially.

As per the facts of the case, such an arbitration agreement has been entered into by Jan and Kyle, wherein it was mutually agreed to settle outside court, in the event of a dispute. When the said dispute arose, Jan filed a suit against Kyle.

In such a scenario, the court will likely D. Order the parties to arbitrate.

6 0
3 years ago
Where are goods and services sold to consumers?
Luba_88 [7]

Answer:

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8 0
3 years ago
Barnes Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost info
777dan777 [17]

Answer:

Standard= $24,800

Explanation:

Giving the following information:

Number of:  Setups Components

Standard 22 8

Deluxe 28 12  

Overhead costs $20,000 $40,000

<u>First, we need to calculate the predetermined overhead rate for each activity:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Setups= 20,000 / (22+28)= $400per setup

Components= 40,000 / (8+12)= $2,000 per component

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard= 400*22 + 2,000*8

Standard= $24,800

3 0
3 years ago
Accounting question, please help
dangina [55]

Answer:

Accrual basis.

Explanation:

The accrual basis of accounting refers to the accounting method where by revenues are recognized on the profit and loss statement when they are realized and not when the money is received.

8 0
3 years ago
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