If 100 million shares of common stock are issued with a par value of $2 and additional paid in capital is $800 million,the total par value of the issued shares is:
A) $200 million.
B) $600 million.
C) $800 million.
D) $1 billion.

Name: If 100 million shares of common stock are issued with a par value of $2 and additional paid in capital is $800 million,the total par value of the issued shares is: A) $200 million. B) $600 million. C) $800 million. D) $1 billion.
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Question

Quizplus · Accepted Answer

Total par value = 100m × $2 = $200m

If 100 Million Shares of Common Stock Are Issued with a Par