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If Common Stock Is Issued at a Price Above Its

Question 102

Multiple Choice

If common stock is issued at a price above its par value:


A) common stock is increased and additional paid-in-capital remains the same.
B) common stock is increased and additional paid-in-capital is decreased.
C) common stock is increased and additional paid-in-capital is increased.
D) common stock is decreased and additional paid-in-capital is decreased.

Correct Answer:

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