Multiple Choice
Ix Company issued 32,000 shares of $10 par value common stock at a market price of $29. As a result of this accounting event, the amount of stockholders' equity would:
A) increase by $928,000.
B) be unaffected.
C) increase by $320,000.
D) increase by $608,000.
Correct Answer:
Verified
Correct Answer:
Verified
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