Author Question: Paid-in capital in excess of par represents the amount of proceeds ________. A) in deficit of the ... (Read 176 times)

Yolanda · **on:** Jul 11, 2018

Paid-in capital in excess of par represents the amount of proceeds ________.

A) in deficit of the par value from the original sale of common stock
B) in excess of the par value from the original sale of common stock
C) in excess of the par value from the current value of common stock
D) in excess of the par value from the intrinsic value of common stock

Question 2

A downward-sloping yield curve indicates generally cheaper short-term borrowing costs than long-term borrowing costs.

Indicate whether the statement is true or false