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Which issuance of shares of preferred stock to shareholders

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Reference no: EM132813179

Problem 1:  The issuance of shares of preferred stock to shareholders

a. Decreases preferred stock authorized
b. Has no effect on preferred stock outstanding
c. Increases preferred stock authorized
d. Increases preferred stock outstanding

Problem 2: The par value of a share capital is

a. The present value of the share
b. The legal nominal value assigned to the share
c. The liquidation value of the share
d. The amount received by the corporation when the share capital was originally issued

Reference no: EM132813179

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