Stock can be issued only in exchange for cash. 1. A corporation can issue more shares than it is authorized in its charter, if the board of directors approves of an increase in the number of authorized shares. 2. The market value of a corporation’s stock is determined by the number of shares that the corporation has been authorized to issue. 3. Stock can be issued only in exchange for cash. 4. The par value of stock issued for noncash assets is never a factor in determining the cost of the assets received. 5. The acquisition of treasury stock by a corporation increases total assets and total stockholders’ equity. Business Assignment Help, Business Homework help, Business Study Help, Business Course Help
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