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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Sale Price

The actual price at which an item or service is sold to the consumer, often reduced from its original or list price.

New Furniture

Recently manufactured items intended to support various human activities such as seating, eating, and sleeping.

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The value of the best alternative forgone where a choice needs to be made between several mutually exclusive alternatives.

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The total amount of income earned by all individuals or entities within an economy.