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Issuing No Par Value Stock

12. Stockholders' Equity / Issuing No Par Value Stock / 문제 9

문제 9

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

A

\$100,000

B

\$200,000

C

\$5,000,000

D

\$1,000,000