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A firm has $2,000,000 in its common stock account

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A firm has $2,000,000 in its common stock account and $20,000,000 in its paid-in capital account. The firm issued 500,000 shares of common stock. What is the par value of the common stock?;A. $40 per share;B. $44 per share;C. $4 per share;D. $3.00 per share

 

Paper#30689 | Written in 18-Jul-2015

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