Multiple Choice
A corporation has the following account balances: Common stock $1 par value $30000; Paid-in Capital in Excess of Par $650000. Based on this information the
A) legal capital is $680000.
B) number of shares issued is 30000.
C) number of shares outstanding is 680000.
D) average price per share issued is $11.25.
Correct Answer:
Verified
Correct Answer:
Verified
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