Capital stock is sold at an amount greater than stated value

Reference no: EM131017528

The Paid-in-Capital in Excess of Stated Value account is used when

The par value of capital stock is greater than the stated value.

Capital stock is sold at an amount greater than stated value.

The number of shares issued exceeds the stock's stated value

Bonds are typically issued in units of:

$1,000
	$100

	$100,000
	$10,000

none of the above

A lease will be classified as a capital lease if:

	The sum of the lease payments is the same as the purchase price.
	The term of the lease is at least 60% of the useful life of the asset.

	The lease contains a bargain purchase option.
	The lease is non-negotiable.

None of the above

A $5 million, 20 year, 12% bond issued on May 1, 2011, at face with interest payable on May 1 and Nov. 1 will require a debit to Interest Expense on May 1, 2013, in the amount of:

	100,000
	150,000

	200,000
	300,000

none of the above

Bonds sold at a price greater than their face value are said to be sold at a:

premium
	discount

	bargain
	temporary reduction

none of the above

Bonds sold at a price lower than their face value are said to be sold at a:

	premium
	discount

	bargain
	temporary reduction

none of the above

Reference no: EM131017528

Questions Cloud

What would be purpose of connecting a parallel-tuned circuit : Which of the following is a disadvantage of using a resistor in place of an inductor in a power-supply filter - What would be the purpose of connecting a parallel-tuned circuit into an antenna circuit?

Has quantitative easing proven to be an appropriate : Has Quantitative Easing (QE) proven to be an appropriate and effective response to the Great Recession in the United Kingdom and the United States? Compare and contrast QE in both countries from 2008 until the present time?

Why is the capital-budgeting process so important : What is the payback period on each project? If Caledonia imposes a 3-year maximum acceptable payback period, which of these projects should be accepted?

How might the pricing policies for sony ebooks change : The following table shows book sales in the U.S. during 2004. With what you know about the impact of the Internet, what are some of the key differences you would expect to see if you had the equivalent table in the year 1994? If possible, suppo..

Capital stock is sold at an amount greater than stated value : Capital stock is sold at an amount greater than stated value.

How many memory devices of each type should be manufactured : How many memory devices of each type should be manufactured? What is the maximization formula? List all the constraints Create a diagram visually showing your constraints and the optimal solution.

Describe mathematical equation of a standard linear function : Differentiate between a function and a linear function. Describe the mathematical equation of a standard linear function. Describe how to compute the slope of a line.

How many customers will they expect to acquire per month : Assume that adding the "Click to Call" service described in Problem 1 causes an additional 5% of the searchers to place a call and these calls have a 3% conversion rate to new business. Assume the call center can handle 6 calls an hour, regardl..

Why does ge succession management approach work so well : What are some possible disadvantages of moving people to new jobs every two or three years? Why does GE's succession management approach work so well

User Account

All Pages