What is the meaning of "par value" of stock?
What will be an ideal response?
"Par value" is an arbitrary value assigned to stock when it is authorized. Historically, par value represented the maximum liability of the investor and represents the minimum amount of assets that should be maintained as protection for creditors.
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When you use ______ organization for your speech, you follow various aspects of your topic from top to bottom, left to right, front to back, or north to south.
a. chronological b. cause and effect c. spatial d. topical
About one third of the highway repaving project ____ completed
A) is B) are
Jade Investments, Inc. purchased 45% of the common stock of Ivory Corporation on March 1, 2017. Ivory Corporation reports a net income of $720,000 for the 2017 year. Which of the following is the correct journal entry?
A) Long-term Investments-Ivory Corporation 324,000 Revenue from Investments 324,000 B) Cash 324,000 Revenue from Investments 324,000 C) Revenue from Investments 324,000 Cash 324,000 D) Revenue from Investments 324,000 Long-term Investments-Ivory Corporation 324,000
Which of the following types of products would be the most difficult to brand?
A. Oatmeal B. Soap C. DVD players D. Automobiles E. Tax preparation services