Author Question: The sales forecast and various forms of operating and financial data are the key outputs of the ... (Read 39 times)

fnuegbu · **on:** Jul 10, 2018

The sales forecast and various forms of operating and financial data are the key outputs of the short-run (operating) financial planning.

Indicate whether the statement is true or false

Question 2

A firm has the balance sheet accounts, Common Stock and Paid-in Capital in Excess of Par, with values of 10,000 and 250,000, respectively. The firm has 10,000 common shares outstanding.

If the firm had a par value of 1, the stock originally sold for ________.
A) 24/share
B) 25/share
C) 26/share
D) 30/share