Which of the Following Is True for a Corporation That

question 8

Multiple Choice

Which of the following is true for a corporation that issues 1,000 shares of $2 par common stock at $5 per share?

• A)The common stock account will increase by $5,000.
• B)$2 per share is the maximum selling price for these shares of stock.
• C)Total stockholders' equity will increase by $5,000.
• D)The per share dividend amount on these shares is $2.

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Definitions:

Clean Economy

An economy that produces goods and services with environmental benefit.

Chief Sustainability Officer

A corporate executive responsible for integrating and managing an organization’s sustainable practices, ensuring environmental, social, and economic viability.

Energy-efficiency

The goal or method of reducing the amount of energy required to provide products and services.

Ecologically Sustainable

Practices and processes that preserve environmental resources for future generations while meeting current needs.