If 100 Shares of $50 Par Value Stock Were Issued

question 24

Multiple Choice

If 100 shares of $50 par value stock were issued at $75 per share, how much would constitute capital surplus?

• A) $750
• B) $7,500
• C) $2,500
• D) A corporation cannot issue stock for higher than the par value.

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Definitions:

Persuasive Business Messages

Communications designed to influence the thoughts or actions of others in a business context, often aiming to promote products, services, or ideas.

Requests for Action

Calls for specific actions to be taken by individuals or groups, often found in formal communications.

Demographic Information

Data related to the characteristics of a population or a particular group within it, such as age, gender, income, and education.

Psychological Characteristics

Traits and features that define an individual's mental and emotional makeup, influencing behavior and cognition.