What was the issue price

Assignment Help Financial Accounting
Reference no: EM132981873

Question - A firm has $5,300,000 in its common stock account and $53,000,000 in its paid in capital account. The firm issued 530,000 shares of common stock. What was the issue price (market value) if only one stock issuance has occurred?

Reference no: EM132981873

Questions Cloud

Discuss the pros of using online video chat programs : Discuss the pros and cons of using online video chat programs to conduct interviews as opposed to in-person or telephone interviews.
What conditions does this proposition hold true : Modigliani and Miller postulated that the capital structure of a firm is irrelevant to it's value. Under what conditions does this proposition hold true
Extensive formal training or outsourced training : Outline what current research reveals about how employees learn in the workplace and make an argument for one new initiative that you think could boost workplac
Analyzing and visualizing data course have been applied : How the knowledge, skills, or theories of Analyzing and Visualizing Data course have been applied, or could be applied, in a practical manner to IT work
What was the issue price : A firm has $5,300,000 in its common stock account and $53,000,000 in its paid in capital account. What was the issue price
How much is the dividend to ordinary shareholders : Ordinary share capital, P400 par 32,000,000. How much is the dividend to ordinary shareholders if the preference shares are noncumulative
Identify an organization and understand the nature : Identify an organization and understand the nature of its business and identify problems that have been supported or can potentially be supported
What ai techniques are able to make computer entertainment : Internet games have become very popular. Designing a good computer game needs to use 3D graphics and artificial intelligence technologies.
What is the annual rate of return earned : What is the annual rate of return earned on a share of stock that was worth $0.12 on January 1, 1994 and $7.25 on January 1, 2021

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is part of the normal claim process for fisher

A life insurance policy naming A.L. Beacon as a beneficiary was found in Fisher's freezer for safekeeping. What is part of the normal claim process?

  Why a semiprofessional baseball team have imprest system

What are two examples of why a local semi-professional baseball team might have need for an imprest (petty cash) system?

  How much would the costs of korean sourced inputs decline

Assume that that won depreciates against the dollar by 20%. By how much, in percentage terms, would the costs of Korean sourced inputs decline

  Record lessee company journal entries on january

Record Lessee Company's journal entries on january 1, 2020, and (b) December 31, 2020, assuming that the lease is properly classified as a finance lease

  How much principal will they pay in the first month

They are prequalified for a 30-year loan at 2.78% APR and will make monthly payments. How much principal will they pay in the first month

  Determine the optimum cost of capital

Determine the optimum cost of capital using the Weighted Average Cost of Capital (WAAC) approach for target capital structure. Provide the suitable example.

  How might a new company succeed in hft

When thinking about challenges, consider them from an array of angles: technical, legal / tax, fundraising, regulatory, other business challenges.

  What does marriage mean in the united states today

What does marriage mean in the United States today? How does it differ from the last 25 years? What direction to you see marriage taking in the future?

  Calculate the amount of the gain recorded on the sale

Calculate the amount of the gain recorded on the sale of the Tin Company stock. Do not put a minus sign in front of your answer when entering

  Amounts borrowed under the agreement bear interest

On February 10, 2010, after issuance of its financial statements for 2009, House Company entered into a financing agreement with Lebo Bank, allowing House Company to borrow up to $4,000,000 at any time through 2012. Amounts borrowed under the agreeme..

  What was jill grier beginning capital balance

her share of the net loss for the year was $10,000. Her ending capital balance was $200,000. What was Jill Grier's beginning capital balance?

  How much more money is required to fund

How much more money is required to fund an ordinary perpetuity than a 25-year ordinary annuity, if the funds can earn 7% compounded quarterly

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd