Write the Word or Phrase That Best Completes Each Statement

question 132

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
Solve the problem.
-A person with no more than $4,000 to invest plans to place the money in two investments,telecommunications and pharmaceuticals. The telecommunications investment is to be no more than 3times the pharmaceuticals investment. Write a system of inequalities to describe the situation. Letx = amount to be invested in telecommunications and y = amount to be invested in pharmaceuticals.

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Definitions:

Paid-in Capital

The amount of money that a company has received from shareholders in exchange for shares of stock, beyond the par value of the shares.

Cost Method

An accounting method used to value certain investments at their original purchase cost, less any impairments.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuing company.