9) When new shares of stock are sold at a price greater than par value, the excess over par is recorded as: c) d) capital surplus. retained earnings. treasury stock. authorized capital. 10) A company's board of directors is primarily an agent of the company's: a) management. employees. shareholders. management and employees.
9) When new shares of stock are sold at a price greater than par value, the excess over par is recorded as: c) d) capital surplus. retained earnings. treasury stock. authorized capital. 10) A company's board of directors is primarily an agent of the company's: a) management. employees. shareholders. management and employees.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:9) When new shares of stock are sold at a price greater than par value, the excess over par is
recorded as:
a)
b)
c)
d)
capital surplus.
retained earnings.
treasury stock.
wwwwww
authorized capital.
10) A company's board of directors is primarily an agent of the company's:
a)
비데대
management.
employees.
shareholders.
management and employees.
wwwwww
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