Firm issues-additional paid-in capital

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Reference no: EM13828593

When a firm issues 50,000 shares with a par value of $5 for $22 per share, additional paid-in capital will:

A. decrease by $250,000.

B. increase by $250,000.

C. increase by $850,000.

D. increase by $1,100,000.

Reference no: EM13828593

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