The Formula Needed to Compute "Additional Paid-In Capital in Excess

question 144

Multiple Choice

The formula needed to compute "additional paid-in capital in excess of par" is:

• A)number of shares of stock times par value per share of stock.
• B)number of shares of stock times selling price per share of stock.
• C)number of shares of stock times (selling price per share - par value per share).
• D)number of shares of stock times (selling price per share + par value per share).

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