A Company Is About to Issue 1,000 New Shares of Stock

question 92

Multiple Choice

A company is about to issue 1,000 new shares of stock at a market price of $33 per share.If the par value per share is $4,the increase in capital surplus from this stock issue will be:

• A) $33,000.
• B) $4,000.
• C) $29,000.
• D) $32,000.

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Definitions:

Contain

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