The sales forecast and various forms of operating and financial ...

[fnuegbu]

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

[Ksh22]

Answer to Question 1

FALSE

Answer to Question 2

C

[fnuegbu]

Thanks for the timely response, appreciate it

[juliaf]

YES! Correct, THANKS for helping me on my review