The price at which a share of capital stock may be purchased or sold at a given time is called its
a. market value.
b. par value.
c. stated value.
d. book value.
a
You might also like to view...
On June 1, 2011, Donner Technologies declared a $50,000 cash dividend to be distributed to its common stockholders of record on June 15, 2011. The dividend will be paid on July 1, 2011. The required journal entry on June 1 includes a:
A) $50,000 debit to retained earnings. B) $50,000 debit to dividends payable. C) $50,000 credit to cash. D) $50,000 credit to common stock.
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,500 of direct materials and used $4,000 of direct labor. The job was not finished by the end of September, but needed an additional $3,000 of direct materials and additional direct labor of $6,500 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the total cost of the job when it is completed in October?
A. $37,000 B. $16,000 C. $26,500 D. $22,500 E. $32,000
A tenancy created when a lease specifies intervals at which payments are due but does not specify how long the lease is for is called a ________
A) tenancy at sufferance B) tenancy for years C) periodic tenancy D) tenancy at will
Nothing can hurt a job candidate more than knowing little about the organization he or she applies for
Indicate whether the statement is true or false