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Par value, sometimes referred to as maturity value is the face value of a stock certificate or bond and sets the price below which the security will not be issued. In the case of a bond, it is the principle amount that is due at maturity or call. In the case of a company's stock, the par value has no relation to the market value of the security and is typically set at $0.01 or $0.001 for US companies (though they can also issue no par value shares).
Federally incorporated Canadian companies by contrast can only issue no par value shares. Provincially incorporated companies can issue shares with a par value which can be helpful in tax planning, estate freezes and unique preferred share issues.
So the short answer to your question is that the 5,000, simply denotes how many shares you have, but the "no par value" part is for all intents and purposes irrelevant and only means that the shares were initially created with no par value. It's an aspect of the shares that's really only relevant to the company's Accountants.
What else can I help you with?
How can you turn five dollars into 5000?
play the stock market
What would 5000 of Microsoft stock bought in 1976 be worth today?
If in 1976 you could buy 5000 shares of what is now Microsoft stock, it would be worth the same as 5000 shares of Microsoft that was purchased today - no matter when you bought it, it would be 5000 x today's stock price of Microsoft (you would probably pay more today). You probably want to know how rich you would be today if you had purchased 5000 shares of Microsoft stock in 1976. That would take some research because the shares of Microsoft stock available in 1976 are probably not the same as what is available today (because of splits and other events that could have occurred).
How do you calculate proposed dividend?
for proposed dividend to be entered in profit and loss appropriation account we need to deduct calls in arrears from called up capital/share capital,and the value we get should be multiplied with the rate given in adjustment. eg:share capital:5,00,000 calls in arrears:5000 Adjustment given is:The director proposed a final dividend at 15%. Therefore the solution would be:5,00,000-5000=4,95,000*15%=74,250 :)
Value of 5000 cinco mil pesos?
500
Value of 5000 cinco mil intis in INR?
what is the transaction cost 5000 cinco mil intis of peru
What is the journal entry for exchanged 5000 shares of common stock for a patent value at 92000?
debit patent 92000credit shares in share capital 92000
What is the value of an Chinese sks assault rifle with folding syntheti stock?
5000-10000 usd
What is the journal entry of Ram started business with 5000 lend?
Debit Cash 5000 Credit Capital 5000
What is the numerical value of 5000?
5000 is a numerical value.
What is the journal entry of interest on capital of Rs 50000 10 percent?
[Debit] Interest on Capital 5000 [Credit]Cash/Bank 5000
What value is in 25049 in thousand place?
5000
What is the value of 5 in 5000?
In the number 5000, the value of 5 is 5000. This is because the digit 5 is in the thousands place, which represents 5 times 1000. Therefore, 5 in this context contributes a total of 5000 to the overall value of the number.
How do you round to the greatest place value 4567?
5000
What is the value of 1947 5000 yuan in US Dollars?
5000
How much capital do you need to start perfume business in Ghana?
Someone needs about $5000 dollars to start a good perfume business in Ghana. A good chunk of that capital will allow the entrepreneur to rent up a good venue and get his first stock of designer perfumes.
What is the accouting effect of closing stock is 5000 kilograms as per books of account but as per physical value it is 4500 kilograms?
this is overvaluing of closing stock --> gross profit overstate --> net profit overstated. current assets overstated.
What is the value of 5000 spanish pesetas in UK money?
What is the value of 5000 spanish pesetas in UK money please
