If a Firm Issues 10,000 Shares of Common Stock with a Par

question 108

Multiple Choice

If a firm issues 10,000 shares of common stock with a par value of $5 and for a sales price of $15,what amount would be recorded in the paid-in capital account?

• A)$10,000
• B)$15,000
• C)$50,000
• D)$100,000

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Definitions:

Role Ambiguities

Situations where the expectations or responsibilities of a position are unclear, leading to confusion or conflicts in the workplace.

Role Overloads

The stress or pressure experienced by individuals when the demands of their roles exceed their ability to cope, often leading to burnout or decreased performance.

Personal Wellness

The holistic approach to maintaining a healthy balance of the mind, body, and spirit that contributes to overall well-being and quality of life.

Fringe Benefit

Additional compensation provided to employees beyond their base salary, such as health insurance, retirement benefits, and paid vacations.