MCQs>Finance & Management>Financial Accounting>If Acme issued 8,000 shares of common stock with par value of $1 per share and an issue price of $4 per share, what is the starting balance of paid-in-capital?
Financial Accounting MCQs
If Acme issued 8,000 shares of common stock with par value of $1 per share and an issue price of $4 per share, what is the starting balance of paid-in-capital?
Answer
Correct Answer: $24,000
Explanation:
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