If a Company Issues 2,000 Shares for $55 and Then

question 75

Multiple Choice

If a company issues 2,000 shares for $55 and then repurchases 50 shares at $55,how much is the contributed capital?

• A)$0
• B)$2,750
• C)$107,250
• D)$110,000

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Definitions:

Conscientiousness

Refers to a personality trait characterized by organization, responsibility, and carefulness.

Factor Analysis

An analytical method which aims to detect foundational factors or variables explaining the correlation patterns among observed variables.

Heredity

The passing of traits or characteristics from parents to offspring through genes.

Environmental-Mold Trait

A characteristic or tendency believed to be shaped by one's surroundings and experiences.