Overton Company Had the Following Transactions in 2012, Its First

question 25

Multiple Choice

Overton Company had the following transactions in 2012, its first year of operations. per share.
At the end of 2012, how much is the total Paid-in capital?

• A)$150,000
• B)$325,000
• C)$175,000
• D)$200,000

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Definitions:

Political Conservatism

A political and social philosophy promoting traditional institutions, limited government, and a free-market economy.

Bracero Program

A mid-20th century labor agreement between the United States and Mexico, allowing Mexican agricultural workers temporary work permits in the U.S.

Fifth Freedom

Refers to an unofficial freedom conceptualized during the Cold War, suggesting the freedom from want through economic growth and prosperity, beyond the four freedoms articulated by Franklin D. Roosevelt.

Japanese Internment

The forced relocation and confinement of Japanese-Americans to concentration camps in the western interior of the United States during World War II by order of the U.S. government.