A Company Issued 60 Shares of $100 Par Value Common

question 50

Multiple Choice

A company issued 60 shares of $100 par value common stock for $7,000 cash.The total amount of paid-in capital in excess of par is:

• A)$100.
• B)$600.
• C)$1,000.
• D)$6,000.
• E)$7,000.

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Definitions:

Genetic Hitchhiking

The process by which an allele rises in frequency within a population because it is linked to a beneficial allele under selection.

Tree Topologies

The arrangement and structure of branches in a phylogenetic tree, representing evolutionary relationships among various species or genes.

Gene Flow

The transfer of alleles or genes from one population to another, often resulting in genetic diversity.

Mitochondrial Mutations

Changes in the genetic material of mitochondria, which can lead to various diseases and conditions due to the mitochondria's role in energy production.