When 100 Shares of $10 Par Value Common Stock Are

question 86

Multiple Choice

When 100 shares of $10 par value Common Stock are sold at $53 per share, Paid- in Capital in Excess of Par value-Common will:

• A)increase $4,300.
• B)increase $1,000.
• C)increase $5,300.
• D)not be affected.

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Definitions:

Ultimate Causes

Fundamental reasons for behaviors or phenomena, often examined in evolutionary biology to understand why certain traits or behaviors have evolved.

Natural

Pertaining to phenomena, elements, or processes that occur in the natural world without human intervention.

Specific

Distinctively characterized by precise and distinct details or features.

Charles Darwin

was an English naturalist, geologist, and biologist, best known for his contributions to the science of evolution and for his proposition of natural selection as a mechanism for evolution.