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1/ A firm has $3,430,000 in its common stock account and $34,300,000 in its paid-in capital account. The firm issued 490,000 shares of common stock.

1/ A firm has $3,430,000 in its common stock account and $34,300,000 in its paid-in capital account. The firm issued 490,000 shares of common stock. What is the par value of the common stock?

$6 per share

$77 per share

$7 per share

$70 per share

2/ A firm with earnings per share of $6 and a price-earnings ratio of 17 will have a stock price of

$4.00

$23.00

$102.00

the market assigns a stock price independent of EPS and the P/E ratio.

3/ Given the following, what is free cash flow?

Cash flow from operating activities $213,000
Capital expenditures 44,000
Dividends 34,000

$135,000.

$203,000.

$247,000.

$257,000.

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