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1.1.Question : (TCO 4) The common stock account in a company’s balance sheet is measured as
the number of common shares outstanding multiplied by the stock’s par value per share.
the number of common shares outstanding multiplied by the stock’s current market value per share.
the number of common shares issued multiplied by the stock’s par value per share.
None of the above
Question 2. Question : (TCO 4) Issued stock refers to the number of shares
issued for cash.
in the hands of shareholders.
outstanding plus treasury shares.
that may be issued under state law.