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Weston Corp sells 1,000,000 shares of common stock with a par value of $0.25 per share to purchase Trump Taj Mahal Casino and Resort. The
Weston Corp sells 1,000,000 shares of common stock with a par value of $0.25 per share to purchase Trump Taj Mahal Casino and Resort. The price per share is $75 at issuance. Which of the following is NOT true? Trump_Taj_Mahal (1).jpg Weston (2).jpeg Group of answer choices Contributed capital increases by $250,000. Retained earnings are unaffected. Additional paid in capital will increase by $74,750,000. The newly acquired assets will increase total assets by $75 million
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