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Multiple Choice Name Phinca trece 1. with regard to a corporation's stock par value the...

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Accounting

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Multiple Choice Name Phinca trece 1. with regard to a corporation's stock par value the current market price of the stock O an arbitrary amount that may have legal implications in some the amount at which the stock has been repurchased d. the amount at which treasury stock can be sold 2. balance Miramar Corporation reported the following in the stockholders en sheet at December 31, 2012: een Common stock, $1 stated value $10.000 Additional paid-in capital - common 40.000 Retained earnings 25.000 Total contributed capital and retained $75,000 earnings Less: Treasury stock (at cost $20 per (2,000 share) $73,000 Total stockholders' equity How many shares of stock are issued? a. 9,000 b. 10,000 c. 10,100 d. Not enough information to determine. 3. A company purchased machinery by issuing 2,000 shares of $3 par value con Since the company is new, there is no established market price for its stock. company record the transaction? In torms of the market value of the stock issued

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