For the Book Co Share Capital Increased by $200,000 in Total

question 40

Multiple Choice

For The Book Co share capital increased by $200,000 in total over a year in which there was a bonus issue of 20,000 new shares at $2 per share. The cash flow from the issue of shares is:

• A)$160,000.
• B)$200,000.
• C)$180,000.
• D)$240,000.

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Definitions:

Shift Left

In software development, the practice of integrating and addressing quality and testing earlier in the development process.

Demand

The total quantity of a good or service that consumers are willing and able to purchase at various prices.

Chipotle

An international chain of fast-casual restaurants specializing in tacos and Mission-style burritos.

Inferior Good

Goods whose demand declines as consumer income rises, distinct from normal goods where demand increases with higher income.