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Read the following scenario and answer the question below.
Northeast of Australia and northwest of Fiji lies the isolated tropical island of Tikopia. Less than two miles in length, it supports 1200 people and has been continuously occupied for nearly 3000 years, with the population holding steady for much of that time. It has a two-month dry season every year and lies in the Pacificʹs cyclone belt, which destroys homes and gardens on an unpredictable but regular basis. Tikopia is too far away from other islands to have any regular contact; the islanders must be self-sufficient.
-Tikopia was first settled about 3000 years ago. If there were 100 explorers who arrived at that time, 50 couples, and they increased the population at the rate of 1.4% per year, within 1000 years there would have been more than ______________
Common Stock Account
An equity account that represents the ownership interest of shareholders in a corporation, recorded at par value or issued price.
Stock Dividend
A dividend payment made in the form of additional shares of the issuing company, rather than as cash.
Additional Paid-In Capital
The excess amount paid by investors over the par value of the stock during the issuance of shares.
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