Question

When common stock has a par value of $2 and a market value of $15:

1.) the liability of the stockholders is $13 per share

2.) there will be additional paid-in capital of $13 per share

3.) common stock will be credited for $15 per share

4.) the paid-in capital will equal the $2 per share



(PLEASE PICK ONE ANSWER)

Answer 1

correct