The Par Value of the Outstanding Shares Is Known as

question 33

Multiple Choice

The par value of the outstanding shares is known as

• A)retained earnings.
• B)legal capital.
• C)book value of equity.
• D)additional paid-in capital.

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Definitions:

Bargain Purchase Price

A price for an asset that is significantly below its fair market value.

CRA

Credit Risk Analysis, assessing the risk of default on a loan by evaluating the potential borrower's creditworthiness, or it could stand for Canada Revenue Agency, the federal agency responsible for tax laws for the Canadian government.

Operating Lease

A lease agreement allowing the use of an asset without ownership, typically with shorter terms than capital leases.

Lessor

An entity that leases property or equipment to a lessee in exchange for rental payments.