1 what are the firms working capital needs cite 2 sources, Ask an Expert

Finance

1. What are the firm's working capital needs? Cite 2 sources of short term financing.

2. A firm has $2,600,000 in its common stock account and $26,000,000 in its paid-in capital account. The firm issued 520,000 shares of common stock. What is the par value of the common stock?

$50 per share

$5 per share

$4 per share

$55 per share

3. A firm with earnings per share of $5 and a price-earnings ratio of 23 will have a stock price of

a. $28.00

b. The market assigns a stock price independent of EPS and the P/E ratio.

c. $115.00

d. $3.00

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92814031

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