Paid-in capital in excess of par represents the amount of proceeds Select one: O a. in excess of the par value from the current value of common stock b. in excess of the par value from the original sale of common stock c. in excess of the par value from the intrinsic value of common stock d. in deficit of the par value from the original sale of common stock A firm with a total asset turnover that is lower than industry standard but with a current ratio that meets industry standard must have excessive Select one: a. accounts receivable b. debt c. inventory X d. fixed assets