If 10,000 Shares with Par Value of $15/share Are Issued

question 70

Multiple Choice

If 10,000 shares with par value of $15/share are issued for $20/share,how much will be presented as "common shares" for financial statement purposes?

• A)$10,000
• B)$50,000
• C)$150,000
• D)$200,000

---

Definitions:

Federal Prison Inmate

An individual who has been convicted of a federal crime and is currently serving their sentence in a federal prison.

Business License

Official authorization or permit granted by a governmental entity allowing an individual or company to conduct business within a certain jurisdiction.

Guides And Directories

Published materials that provide systematic lists of information and instructions to help users locate resources or understand a topic.

Paralegals

Trained legal assistants who perform various tasks to support lawyers, including document preparation and research.