multiple choice Ogilvie Corporation issued 30,000 shares of no-par stock...
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Ogilvie Corporation issued 30,000 shares of no-par stock for $40 per share. Ogilvie was authorized to issue 53,000 shares What effect with this event have on the company's financial statements? Multiple Choice Increase assets and increase stockholders' equity by $2,120,000 Increase cash inflows from investing octivities by $1,200,000 None of these answer choices are correct. Increose assets and increase stockholders' equity by $1,200,000 Madison Company issued an interest-bearing note payable with a face value of $30.000 and a stated interest rate of gish to Mefrcpoltan Bank on August 1, Year 1 . The note carled a one-year terme Based on this information alone. what is the amount of total liabilibes appearing on Madison's bolance sheet as of Decernber 31. Yeal f? Mustiple Chaice 531000 130.000 sat400 532.400
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