A business-level manager in a multi-divisional company is: a. a strategic manager who is the head of an entire division, responsible for translating the corporate strategy into concrete strategies for the business unit. b. a strategic manager, responsible for a specific business function, such as marketing or human resources. c. a member of the Board of Directors, responsible for setting the strategic direction for the entire multi-divisional company. d. a vice president, C-suite or other company officer, responsible for the financial performance of the company across all business units.

1                        Cash                                            $60000

                            Common Stock                             $4000

                            Additional Paid in Capital            $56000

2                       Cash                                            $60000

                             Common Stock                            $60000  

Explanation:

When stock issue at Market value the cash generated above the par value will consider as Additional Paid in Capital while cash common stock no par value it will consider as share issued at market value when share issued at no par value.