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The Equity Accounts of Bio-Tech Company Is as Follows

Question 9

Multiple Choice

The equity accounts of Bio-Tech Company is as follows: The equity accounts of Bio-Tech Company is as follows: Suppose the firm sells 2,000,000 new (additional) shares at a price of $20 per share. What is the new value of Common Shares account? A) 12,000,000 B) 10,000,000 C) 2,000,000 D) None of the above Suppose the firm sells 2,000,000 new (additional) shares at a price of $20 per share. What is the new value of Common Shares account?


A) 12,000,000
B) 10,000,000
C) 2,000,000
D) None of the above

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