A company issued 6,000 shares of stock at $10 each, with a par value of $2. What amount is debited as Cash?

A. $6,000

B. $66,000

C. $30,000

D. $72,000

Bathlinks corporation has a debt to assets ratio of 73%. this tells the user of bathlinks’s financial statements that a. bathlinks is getting a 27% return on its assets. b. there is a risk that bathlinks cannot pay its debts as they come due. c. 73% of the assets are financed by the stockholders. d. based on this measure, the user should not invest in bathlinks.