Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 2 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 29 Jul 2017 My Price 3.00

value common stock

M16-1 On July 14, JX Corporation exchanged 1,000 shares of its $8 par value common stock for a plot of land. JX’s com- mon stock is listed on the NYSE and traded at an average price of $21 per share on July 14. The land was appraised by inde- pendent real estate appraisers on July 14 at $23,000. As a result of this exchange, JX’s additional paid-in capital will increase by a.  $0         c.   $13,000

b. $8,000                              d. $15,000

 

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Maurice Tutor
(5)
Status NEW Posted 29 Jul 2017 01:07 PM My Price 3.00

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