Taiwan: Taiwan Financial Supervisory Commission has published the "Guidelines for the Application of AI in the Financial Industry" This remarkable expansion, driven by a compound annual growth rate of 28.1 percent, underscores the increasing importance of AI technologies in the financial sector. As companies recognize the potential of generative AI to transform their operations, the industry is...
June 2024
As a result, the company records $5,000 to the common stock account and $45,000 to the paid-in capital in excess of par. Both of these accounts added together equal the total amount stockholders were willing to pay for their shares. Preferred sharessometimes have par values that are more than marginal, but most common shares today have par values of just a few pennies. A negative share premium arises...