The par value of ABC Inc.’s stock is $10.00 per share. ABC Inc. just sold four shares for $20. ABC Inc.’s stock is said to be________.
ABC Inc. owes money to several people. The debt owing to Frank will be paid before the debt owing to Janie’s debt is________to Frank’s.
XYZ Corp. has just declared that Christopher, who has owned 200 shares at $10 each, now owns 400 shares at $5 each. This is called a _______.
The par value of ABC Inc.’s stock is $10.00 per share. ABC Inc. just sold four shares for $20. ABC Inc.’s stock is said to be__Sold at premium______.
Explanation
When share is sold at more then face value it is called as premium and we can say that ABC shares were sold at premium
ABC Inc. owes money to several people. The debt owing to Frank will be paid before the debt owing to Janie’s debt is less preffered_______to Frank’s.
Explanation
Generally Preffered Debt is paid first then the other debt so in the prasent case we could see that The debt owing to Frank will be paid before the debt owing to Janie’s debt is less preffered to Frank’s
XYZ Corp. has just declared that Christopher, who has owned 200 shares at $10 each, now owns 400 shares at $5 each. This is called a __Split_____.
Explanation
In the split of the share compny generally convert one shre in to portion of two or three. In the prasent case we could see that XYZ Corp. has just declared that Christopher, who has owned 200 shares for 400 shares so this is called as split
