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:

Follicle

In biology, a follicle can refer to a small secretory cavity or sac, specifically in the ovary where an ovum (egg) develops or in the skin where hair grows.

Hormones

Chemical messengers produced by glands in the body, which regulate physiological activities and maintain homeostasis.

Neurotransmitters

Chemicals that transmit signals across a synapse from one neuron to another neuron, muscle cell, or gland cell.

Body Processes

Various physiological and biological functions carried out by an organism to maintain life, including respiration, digestion, and circulation.