Use the information below to answer the following question: Common stock,$1 par,100,000 shares
How much of this company's capital was paid-in by shareholders?

Question

Use the information below to answer the following question: Common stock,$1 par,100,000 shares
 How much of this company's capital was paid-in by shareholders?

Quizplus · Accepted Answer

The amount paid-in by shareholders equals the product of the number of shares issued and the par value per share. Therefore, the amount paid-in by shareholders is $1 x 100,000 = $100,000.

Use the Information Below to Answer the Following Question: Common