Samuel's Has 7,000 Shares of Stock Outstanding with a Par

question 34

Multiple Choice

Samuel's has 7,000 shares of stock outstanding with a par value of $1.00 per share and a market value of $12 per share. The balance sheet shows $7,000 in the common stock account,$58,000 in the capital in excess of par account and $32,500 in the retained earnings account. The firm just announced a 50% (large) stock dividend. What is the value of the capital in excess of par account after the dividend?

• A) $58,000
• B) $61,500
• C) $87,000
• D) $96,500
• E) $100,000

Acknowledge the importance of the cerebral cortex in consciousness and self-identity.

Grasp the role of the motor cortex in controlling movement across the body's contralateral sides.

Understand sensory processing, specifically regarding touch and auditory stimuli.

Understand the functions and locations of different brain areas such as the somatosensory cortex, motor cortex, and association areas.

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Definitions:

Political Thought

Reflects the study of ideas, concepts, and doctrines that have been influential in political behavior, policy making, and the structure and operation of government.

Equality

The state of being equal, especially in status, rights, and opportunities.

Federalist Papers

A series of 85 essays written by Alexander Hamilton, James Madison, and John Jay promoting the ratification of the United States Constitution.

James Madison

The fourth President of the United States, serving from 1809 to 1817, and is considered one of the Founding Fathers of the country.