The par value per share of common stock represents the O a. minimum selling price of the stock established by the articles of incorporation O b. amount of dividend per share to be received each year O C. minimum amount the stockholder will receive when the corporation is liquidatec O d. dollar amount assigned to each share
The par value per share of common stock represents the O a. minimum selling price of the stock established by the articles of incorporation O b. amount of dividend per share to be received each year O C. minimum amount the stockholder will receive when the corporation is liquidatec O d. dollar amount assigned to each share
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 4MC: Par value of a stock refers to the ________. A. issue price of a stock B. value assigned by the...
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