FINE AN VERSES DE THE WESTINENS My coulses oucklink Question 16 Not yet answered Marked out of 1.00 P Bag question In 2021 the first year of business, Banton Company had the following transactions: Time left 0:36:26 Issued 30,000 shares of common stock. Stock had par value of $1.00 per share and was issued at $14.00 per share. Issued 1,000 shares of $100 par value preferred stock. Shares were issued at par. Earned net income of $35,000. Paid no dividends. At the end of 2021, what is the total amount of Paid in capital? • а. $380,000 b. $520,000 • с. $420,000 • d. $415,000 Clear my choice Quiz Finisl
FINE AN VERSES DE THE WESTINENS My coulses oucklink Question 16 Not yet answered Marked out of 1.00 P Bag question In 2021 the first year of business, Banton Company had the following transactions: Time left 0:36:26 Issued 30,000 shares of common stock. Stock had par value of $1.00 per share and was issued at $14.00 per share. Issued 1,000 shares of $100 par value preferred stock. Shares were issued at par. Earned net income of $35,000. Paid no dividends. At the end of 2021, what is the total amount of Paid in capital? • а. $380,000 b. $520,000 • с. $420,000 • d. $415,000 Clear my choice Quiz Finisl
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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FINE AN VERSES DE THE WESTINENS
My coulses oucklink
Question 16
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Marked out of 1.00
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In 2021 the first year of business, Banton Company had the following transactions:
Time left 0:36:26
Issued 30,000 shares of common stock. Stock had par value of $1.00 per share
and was issued at $14.00 per share.
Issued 1,000 shares of $100 par value preferred stock . Shares were issued at
par.
Earned net income of $35,000.
Paid no dividends.
At the end of 2021, what is the total amount of Paid in capital?
• а.
$380,000
b.
$520,000
• с.
$420,000
• d. $415,000
Clear my choice
Quiz
Finisl
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