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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Design Tab

A feature in many software applications that provides tools and options for modifying the appearance or layout of a document or presentation.

Background

The part of a visual image or page that lies behind the main objects of interest, setting the scene or context.

Navigation Pane

A user interface component that displays a hierarchical view of the contents of a software application, often used to navigate between different sections or features.

Promote

To elevate the priority or visibility of a particular item, idea, or website, often through marketing or algorithmic adjustments.