Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 1 Day Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Jan 2018 My Price 4.00

LWL Corporation

(Learning Objective 2: Describe the effect of a stock issuance on paid-in capital) LWL Corporation received $23,000,000 for the issuance of its stock on May 14. The par value of the LWL Corporation stock was only $23,000. Was the excess amount of $22,977,000 a profit to LWL Corporation? If not, what was it?

Suppose the par value of the LWL Corporation stock had been $4 per share, $8 per share, or $14 per share. Would a change in the par value of the company’s stock affect LWL Corporation total paid-in capital? Give the reason for your answer.

 

Answers

Maurice Tutor
(5)
Status NEW Posted 21 Jan 2018 06:01 PM My Price 4.00

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