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The Equity Accounts of Bio-Tech Company Is as Follows

question 44

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The equity accounts of Bio-Tech Company is as follows: The equity accounts of Bio-Tech Company is as follows:   Suppose that the firm sells 2,000,000 new shares at a price of $20/share. What is the new value of the additional paid-in-capital account? A)  $144,000,000 B)  $40,000,000 C)  $88,000,000 D)  $70,000,000 Suppose that the firm sells 2,000,000 new shares at a price of $20/share. What is the new value of the additional paid-in-capital account?


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