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How is primium on share used in company |
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Answer» Answer: A company issues its shares at a premium when the price at which it sells the shares is HIGHER than their PAR value. This is quite common, since the par value is typically set at a minimal value, such as $0.01 per SHARE. The amount of the premium is the DIFFERENCE between the par value and the selling price. Explanation: Hope it will helps you◉‿◉ |
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