When common or preferred shares are made available for sale to the public, the details of...
When common or preferred shares are made available for sale to the public, the details of the shares are discussed in a legal document called
articles of incorporation.
share repurchase agreement.
shareholder composition.
prospectus.
Homework Answers
Answer: Prospectus
The prospectus provides details of the shares offered for sale to the public along with all the details such as the size of the issue, the type of securities being offered for sale, issue price, etc.
The articles of incorporation establish the existence of a company and included details such as the name, the type of entity, number of authorized shares, etc.
A share repurchase agreement is a legal document which as the name suggests is used when a company wants to buy back its own shares from the shareholders.
Shareholder composition refers to the shareholdings of a corporation held by various categories such as individuals, financial institutions, foreign institutions, etc.
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When common or preferred shares are made available for sale to
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1. BonitaCorp. issues 2800 shares of $10 par value common stock at $15 per share. When...
1. BonitaCorp. issues 2800 shares of $10 par value common stock
at $15 per share. When the transaction is recorded, credits are
made to
Common Stock $28000 and Retained Earnings $14000.
Common Stock $28000 and Paid-in Capital in Excess of Par
$14000.
2. VaughnCompany is authorized to issue 9000 shares of 7%, $100
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with a stated value of $1 per share. If Vaughn issues 4500 shares
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date UL UISLUULUU P15-13 Perfect Ponds Inc. (PPI) is a backyard pond design and installation company....
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When Resisto Systems, Inc, was formed, the company was authorized to issue 5,000 shares of $100...
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otherwise worth 130) or 16 (when the firm is otherwise worth 80.) If this the value of the stock? A. Increase by 4.67% B. increase by 3.33% C. decrease by 3.33% D. decrease by 4.67% E. none of th...
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Check my work 3 On December 31, 2017, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8% noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15 and paid cash dividends of $400,000 and $75,000 to common and preferred shareholders, respectively, on December 15, 2018 33.34 oints On February 28, 2018, Dow sold 60,000 common shares. Also, as a part of a 2017 agreement for the acquisition of...
1. BonitaCorp. issues 2800 shares of $10 par value common stock
at $15 per share. When the transaction is recorded, credits are
made to
Common Stock $28000 and Retained Earnings $14000.
Common Stock $28000 and Paid-in Capital in Excess of Par
$14000.
2. VaughnCompany is authorized to issue 9000 shares of 7%, $100
par value preferred stock and 532000 shares of no-par common stock
with a stated value of $1 per share. If Vaughn issues 4500 shares
of preferred stock...
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date UL UISLUULUU P15-13 Perfect Ponds Inc. (PPI) is a backyard pond design and installation company. PPI was incorporated durin 2017, with an unlimited number of common shares, and 50,000 preferred shares with a $3 dividend rate authorized p follows ASPE. The following transactions took place during the first year of operations with respect to these shares Mar. 3 May 10 Jan. 1 The articles of incorporation were filed and state that an unlimited number of common shares and 50,000...
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