Vegas Finance Company reported the following: Common stock, $10 par, 100,000 shares authorized, 80,000 shares issued and outstanding What is the effect of issuing 1,000 shares of common stock at $15 per share?
a. Cash increases $10,000.
b. Common Stock increases $15,000.
c. Additional Paid-in Capital increases $5,000.
d. Retained Earnings increases $5,000.
c
Business
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What is it called when services for those in relatively poor economic situations are largely paid for by those who are in better financial situations?
a. nonfinancial pricing b. indirect payment c. indirect distribution d. separation between payers and users
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The TCP/IP Protocol Suite
a. was originally designed for commercial purposes b. was originally designed for use on a network connecting U.S. government agencies c. originally contained only TCP and IP d. was originally a proprietary protocol
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