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Q: Capital Surplus ( No Answer,   1 Comment )
Question  
Subject: Capital Surplus
Category: Business and Money > Finance
Asked by: amos554-ga
List Price: $4.00		 Posted: 08 Nov 2005 12:45 PST
Expires: 08 Dec 2005 12:45 PST
Question ID: 590649 
Holden Bicycles has 1,000 shares of outstanding each with a par value
of $0.10 each.  If they are sold to shareholders at $10 each, what
would the capital surplus be?
Answer  
There is no answer at this time.

Comments  
Subject: Re: Capital Surplus
From: markvmd-ga on 09 Nov 2005 15:05 PST		  
It looks to me that the par is $100 and the rest is capital surplus.
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