Use the Following Information to Answer Questions

question 20

Multiple Choice

Use the following information to answer questions

-What was the cost of goods available for sale?

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Definitions:

Common Stock Par Value

A nominal value assigned to common stock shares, indicating the minimum price at which the shares can be issued.

Warrant Attached

An option issued by a company that gives the holder the right to purchase the company’s stock at a specific price before expiration.

Ex-rights

Denotes a security that is trading without the right to receive the most recently announced rights offering.

Additional Paid-in Capital

The amount of money investors have paid to a company above and beyond the par value of the shares they have purchased.