Mega Computer's Financial Statements Show 1000 Shares of Common Stock

question 81

Multiple Choice

Mega Computer's financial statements show 1000 shares of common stock with a par value of $10 000, retained earnings of $20 000, additional paid in capital of $10 000, and long-term debt of $30 000. What is the market value of a share of Mega's stock?

• A) $70.00
• B) $20.00
• C) $40.00
• D) $30.00
• E) It is not possible to tell from the information given.

---

Definitions:

Pinpoint Pupils

A condition where the pupils of the eyes become very small, often as a reaction to drugs or a sign of neurological damage.

Heroin

An illegal, highly addictive opioid drug derived from morphine, often used recreationally for its euphoric effects.

Narrow Angle Glaucoma

A form of glaucoma where the angle between the cornea and iris is reduced, leading to increased intraocular pressure and potential vision loss.

Fruity Breath

A sweet, acetone-like odor of the breath that may indicate high levels of ketones in the body, often associated with diabetes.