a-company-issues-200000-shares-of-no-par-value-stock-at-5-per-share-how-much-cas

Question

A company issues 200,000 shares of no par value stock at $5 per share. How much cash does the company receive?

Accepted Answer

$1,000,000

Answer

$100,000

Answer

$200,000

Answer

$5,000,000

A company issues 200,000 shares of no par value stock at \$5 per share. How much cash does the company receive?