Which of the following is true about par value of common stock?
A) Par value represents the minimum price at which shares of stock can be traded after they
are initially issued.
B) Corporations often set a high par value in order to increase the attractiveness of their
stock.
C) It is a determinant of the market value of the shares.
D) It is usually the initial offering price of shares.
E) The concept of par value has been eliminated in the Revised Model Business Corporation
Act.
E
You might also like to view...
Gray market goods are trademarked products that are exported from one country to another, where they are sold by authorized persons or organizations
Indicate whether the statement is true or false
An off-price retailing operation that is owned and operated by a manufacturer and normally carries the manufacturer's surplus, discontinued, or irregular goods is called a ________
A) category killer B) factory outlet C) specialty store D) superstore E) warehouse club
The publisher of Lifting Life, a magazine and website about weightlifting, wants to develop a clear picture of how readers of the magazine and its competitors feel about the magazine
In order to accomplish this, Lifting Life will likely need to analyze ________ retrieved from social media posts related to weight lifting. A) optimized data B) structured data C) unstructured data D) market basket data E) converted data
Sales contests are an example of consumer sales promotion
Indicate whether the statement is true or false