If 10,000 Shares with Par Value of $15/share Are Issued

question 70

Multiple Choice

If 10,000 shares with par value of $15/share are issued for $20/share,how much will be presented as "common shares" for financial statement purposes?

• A)$10,000
• B)$50,000
• C)$150,000
• D)$200,000

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Definitions:

Shock Levels

Refers to the intensity or strength of an electric shock, often used in experimental contexts to study behavior or responses.

Socially Pressured

The feeling of being compelled to act in a certain way or make specific choices due to the influence or expectations of society or one's social group.

Freedom

The condition or right of being able to act, speak, or think as one wants without hindrance or restraint.

Socially Expected

Behaviors or actions that are considered normal or requisite according to societal standards.