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

question 14

Multiple Choice

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

Homologous Chromosomes

Pairs of chromosomes that contain the same types of genes but can have different alleles.

Sister Chromatids

They are identical copies of a single chromosome that are connected by a centromere. Sister chromatids are formed during DNA replication and are important for the process of cell division.

Chromosomal DNA

The DNA that constitutes the chromosomes within the nucleus of eukaryotic cells, encoding most of the genetic information of the organism.

Interphase

In a eukaryotic cell cycle, the interval during which a cell grows, roughly doubles the number of its cytoplasmic components, and replicates its DNA in preparation for division.