If a Corporation Issues 4,000 Shares of $1 Par Value

question 16

Multiple Choice

If a corporation issues 4,000 shares of $1 par value common stock for $8,000, the entry would include a credit to:

• A) Common Stock for $8,000.
• B) Paid-in Capital in Excess of Par for $8,000.
• C) Common Stock for $4,000.
• D) Paid-in Capital in Excess of Par for $4,000.

Recognize the importance of ethics, transparency, and legal considerations in communication, especially in digital environments.

Identify the elements necessary for ethical communication within organizations.

Appreciate the value of gamification strategies in improving customer engagement and loyalty.

Know the tools and policies that can assist individuals and organizations in navigating ethical dilemmas.

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Definitions:

Improper Fractions

Fractions in which the numerator is at least as large as the denominator.

Lowest Terms

The most reduced form of a fraction, where the numerator and denominator are the smallest whole numbers possible.

Mixed Numbers

Numbers consisting of an integer and a proper fraction, representing sums of whole numbers and fractions.

Improper Fractions

Fractions where the numerator is greater than or equal to the denominator, representing a value of one or more.