If 100 Million Shares of Common Stock Are Issued with a Par

question 3

Multiple Choice

If 100 million shares of common stock are issued with a par value of $2 and additional paid-in capital of $800 million,the total par value of the issued shares is:

• A) $200 million.
• B) $600 million.
• C) $800 million.
• D) $1 billion.

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Definitions:

Confidence Interval

A range of values, derived from a data set, that is likely to contain the value of an unknown population parameter, with a specified level of confidence.

Sample Size

The number of observations or data points that are collected in a sample.

Standard Deviation

A method to evaluate the level of uniformity or deviation among data points in a set.

Hourly Earnings

The amount of income earned by an individual per hour of work.