A Company Issued 60 Shares of $100 Par Value Common

question 200

Multiple Choice

A company issued 60 shares of $100 par value common stock for $7,000 cash.The total amount of paid-in capital is:

• A)$100.
• B)$600.
• C)$1,000.
• D)$6,000.
• E)$7,000.

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Definitions:

Role Ambiguity

The uncertainty experienced by individuals about their responsibilities, expectations, and requirements of their role.

Unfavourable Outcomes

Negative results or consequences that do not meet the desired objectives or expectations.

Trait Theory

A theory that suggests leaders possess certain traits or characteristics that contribute to their leadership effectiveness.

Leadership

The process of influencing and guiding individuals or groups to achieve goals, often involving vision, motivation, and strategic direction.