Multiple Choice
A company is about to issue 1,000 new shares of stock at a market price of $33 per share.If the par value per share is $4,the increase in capital surplus from this stock issue will be:
A) $33,000.
B) $4,000.
C) $29,000.
D) $32,000.
Correct Answer:
Verified
Correct Answer:
Verified
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