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Barrington Industries Recently Sold 1,000 Shares of Common Stock with a Par

Question 101

Multiple Choice

Barrington Industries recently sold 1,000 shares of common stock with a par value of $0.10 per share and a market price of $15.00 per share.
-As a result of this sale, Barrington's total stockholders' equity should increase by


A) $100.
B) $14,900.
C) $15,000.
D) $15,100.
E) none of the above

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