Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 03, 2024

What will be the increase in the Additional paid-in capital in excess of par value account if a corporation issues 20,000 shares of $1 par

What will be the increase in the Additional paid-in capital in excess of par value account if a corporation issues 20,000 shares of $1 par value common stock for $6 per share?

A. $100,000
B. $140,000
C. $20,000
D. $120,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Capital Market Instruments Analysis And Valuation

Authors: M. Choudhry, D. Joannas, G. Landuyt, R. Pereira, R. Pienaar

3rd Edition

0230576036, 9780230576032

More Books

Students also viewed these Accounting questions

Question

★★★★★

Refer to the information for Rostand Inc. above. Rostand Inc. operates a delivery service for over 70 restaurants. The corporation has a fleet of vehicles and has invested in a sophisticated,...

Answered: 1 week ago

Question

★★★★★

Determine all real numbers a > 0 for which there exists a nonnegative continuous function (x) defined on [0, a] with the property that the region R = {(x, y); 0 x a, 0 y (x)} has perimeter k...

Answered: 1 week ago

Question

★★★★★

Is this item worth the time I spent to earn the money to pay for it?

Answered: 1 week ago

Question

★★★★★

What is the present value of $800 to be received at the end of eight years, assuming the following annual interest rate? a. 4 percent, discounted annually b. 8 percent, discounted annually c. 20...

Answered: 1 week ago

Question

★★★★★

Problem 10-20 Return on Investment (ROI) Analysis [LO10-1] The contribution format income statement for Huerra Company for last year is given below: $ Sales Variable expenses Contribution margin...

Answered: 1 week ago

Question

★★★★★

Given the following graph, which of the following statement is correct? CML M E(RM) E(R) ft B D E(R) E(R) A A M M A M SML Securities A, B, C and D should all sell for the same price because they all...

Answered: 1 week ago

Question

★★★★★

What neurological mechanisms underlie the process of resilience-building, particularly regarding the plasticity of neural networks and their response to stressors?

Answered: 1 week ago

Question

★★★★★

Publix Super Markets: Its Strategy in the U.S. Supermarket and Grocery Store Industry 1.What are the chief elements of Publix Super Markets' strategy? How good is the strategy? 2.What is competition...

Answered: 1 week ago

Question

★★★★★

. ....;.. . . ... .... 3. A cook for the nursing home is preparing 100 yeast rolls for dinner. The dry ingredients V needed include 14- cups of flour, 6- cups of sugar, and - cup of salt. How many...

Answered: 1 week ago

Question

★★★★★

Write short notes on Interviews.

Answered: 1 week ago

Question

★★★★★

Define induction and what are its objectives ?

Answered: 1 week ago

Question

★★★★★

Discuss the techniques of job analysis.

Answered: 1 week ago

Question

★★★★★

1. Set a personal goal for yourself in your work situation. Examine this goal in the light of the 10 factors to achieve goals.

Answered: 1 week ago

Question

★★★★★

4. Set up at least one work role that is important for you to master. Reflect on how you can use your time more efficiently, not necessarily spend more time, to perform better in this work role.

Answered: 1 week ago

Question

★★★★★

3. List four goals that are important to you. Then set up the roles that correspond to these goals. How will you shape your personal vision as a result of your goals and roles?

Answered: 1 week ago

Previous Question Next Question