Nelson Inc

question 21

Multiple Choice

Nelson Inc. sells 430 shares of its $16 par common stock for $31 per share. The entry would entail the following credit(s) :

• A) Cash of $13,330.
• B) Paid-in Capital in Excess of Par Value-Common for $6,880; Common Stock for $6,450.
• C) Paid-in Capital in Excess of Par Value-Common for $6,450; Common Stock for $6,880.
• D) Common Stock for $13,330.

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Definitions:

Employee Motivation

The level of energy, commitment, and creativity that a company's workers bring to their jobs, influenced by various internal and external factors.

Empowerment

The process of giving individuals or groups the authority or power to make decisions and take actions that affect their work or life positively.

Leadership

The act or ability of leading, guiding, and inspiring individuals or groups towards achieving common goals or overcoming challenges.

Vision

The ability to think about or plan the future with imagination or wisdom, often related to long-term goals or ideals.