A Corporation Has the Following Account Balances: Common Stock, $1

question 189

Multiple Choice

A corporation has the following account balances: Common Stock, $1 par value, $80,000; Paid-in Capital in Excess of Par Value, $2,700,000.Based on this information, the

• A)legal capital is $2,780,000.
• B)number of shares issued is 80,000.
• C)number of shares outstanding is 2,780,000.
• D)average price per share issued is $3.48.

---

Definitions:

Alleviate Stress

Techniques or strategies used to reduce tension and anxiety, which can improve overall well-being and mental health.

Emotional Methods

Techniques or strategies used to understand, manage, or express feelings.

Coping

The mental and behavioral processes that individuals use to manage the internal and external demands of stressful situations.

Express Anger

The act of outwardly displaying feelings of anger or displeasure towards a person, situation, or object.