Nexis Corp

question 14

Multiple Choice

Nexis Corp. issues 1,000 shares of $15 par value common stock at $22 per share. When the transaction is recorded, credits are made to:

• A) Common Stock $15,000 and Paid-in Capital in Excess of Par Value $7,000.
• B) Common Stock $22,000 and Retained Earnings $15,000.
• C) Common Stock $7,000 and Paid-in Capital in Excess of Stated Value $15,000.
• D) Common Stock $22,000.

Understand the basic properties and characteristics of the normal distribution.

Calculate and interpret Z-scores in the context of normally distributed data.

Distinguish between discrete and continuous random variables and their probability distributions.

Understand the relationship between probabilities and areas under the normal curve.