Ruler ACC 201 Final Exam Protected View Saved O Search Shawnda Stamper File References Home Design Insert Layout Mailings Review View Help A Share P Comments PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing 3. 4 d. $400,000. A corporation has the following account balances: Common Stock, $1 par value, $80,000; Paid-in Capital in Excess of Par Value, $2,700,000. Based on this information, the a. legal capital is $2,780,000. b. number of shares issued is 80,000. C. number of shares outstanding is 2,780,000. d. average price per share issued is $3.48. D Focus 22096 Page 10 of 12 1765 words 1:01 PM 3/3/2020 O Type here to search hp
Ruler ACC 201 Final Exam Protected View Saved O Search Shawnda Stamper File References Home Design Insert Layout Mailings Review View Help A Share P Comments PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing 3. 4 d. $400,000. A corporation has the following account balances: Common Stock, $1 par value, $80,000; Paid-in Capital in Excess of Par Value, $2,700,000. Based on this information, the a. legal capital is $2,780,000. b. number of shares issued is 80,000. C. number of shares outstanding is 2,780,000. d. average price per share issued is $3.48. D Focus 22096 Page 10 of 12 1765 words 1:01 PM 3/3/2020 O Type here to search hp
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Ruler
ACC 201 Final Exam
Protected View Saved
O Search
Shawnda Stamper
File
References
Home
Design
Insert
Layout
Mailings
Review
View
Help
A Share
P Comments
PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View.
Enable Editing
3.
4
d. $400,000.
A corporation has the following account balances: Common Stock, $1 par value, $80,000;
Paid-in Capital in Excess of Par Value, $2,700,000. Based on this information, the
a. legal capital is $2,780,000.
b. number of shares issued is 80,000.
C.
number of shares outstanding is 2,780,000.
d. average price per share issued is $3.48.
D Focus
22096
Page 10 of 12
1765 words
1:01 PM
3/3/2020
O Type here to search
hp
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education