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hi i know you can probably find the answers on chegg or whatever other app but i want someone who is actually knowledgeable to check
hi i know you can probably find the answers on chegg or whatever other app but i want someone who is actually knowledgeable to check my work please and let me know if im right or wrong, i really want to improve, ill give thumbs up!
also this one! i believe you can but just want to double make sure
92.000 A A company issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $115,000. The market price of the common shares is $172 each and market price of the preferred is $215 each. The total amount allocated to the common issue (par account plus paid-in-excess account) is $92,000 B) $87,000 C) $100,000 D). $95.000 ANSWER: A A company issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $115,000. Only the market price of the common stock is known and it is $200 per share. The total amount allocated to the preferred issue (par account plus paid-in-excess account) is $15,000 B) $100,000 C)$10,000 D) $115.000 ANSWER: 500 x 172-86,000 * 115,000 = 101500 100x dis 3,500 107,500 115,000 100,000 (500 x 200) T5,000 18.Shares of a company are easily transferable between investors, without the consent of the company. True False Step by Step Solution
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