Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
The par value of shares in a particular company is 100p. The price received by the company for the shares is 400p. What is the
The par value of shares in a particular company is 100p. The price received by the company for the shares is 400p. What is the difference in value (300p) called?
A.
Share premium
B.
Share value
C.
Ordinary share capital
D.
Authorised share capital value
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started