
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
1) What is Common Stock,
2) This is an example from what I read in my textbook. It stated that the owners purchased 20,000 shares of Common Stock. a) If they are already owners of the company why would they buy common stock b) Since they are the owners who are they buying the common stock from?
3) Please explain Par Value and please give an example
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