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January 31, January 31, 2019 2018 ASSETS Current assets: 282,220 165,125 76,962 351,395 Cash and cash equivalents 358,260 2$ Marketable securities 279,232 80,461 Accounts receivable, net of allowance for doubtful accounts of $1,499 and $1,326, respectively Inventory Prepaid expenses and other current assets 370,507 114,296 103,055 Total current assets 1,202,756 796,029 978,757 Property and equipment, net Marketable securities 813,768 58,688 101,567 57,292 Deferred income taxes and other assets 104,438 Total Assets 2,160,515 1,952,780 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued compensation and benefits Accrued expenses and other current liabilities Total current liabilities 144,414 128,246 54,799 36,058 187,431 195,910 386,644 360,214 Long-term debt Deferred rent and other liabilities 284,773 291,663 Total Liabilities 671,417 651,877 Commitments and contingencies (see Note 14) Shareholders' equity: Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued Common shares; $.0001 par value, 200,000,000 shares authorized, 105,642,283 and 108,248,568 shares issued and outstanding, respectively Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Shareholders’ Equity Total Liabilities and Shareholders' Equity 11 11 684 1,516,190 (27,103) 1,489,098 1,310,859 |(10,651) 1,300,903 2$ 2,160,515 1,952,780

January 31, January 31, 2019 2018 ASSETS Current assets: 282,220 165,125 76,962 351,395 Cash and cash equivalents 358,260 2$ Marketable securities 279,232 80,461 Accounts receivable, net of allowance for doubtful accounts of $1,499 and $1,326, respectively Inventory Prepaid expenses and other current assets 370,507 114,296 103,055 Total current assets 1,202,756 796,029 978,757 Property and equipment, net Marketable securities 813,768 58,688 101,567 57,292 Deferred income taxes and other assets 104,438 Total Assets 2,160,515 1,952,780 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued compensation and benefits Accrued expenses and other current liabilities Total current liabilities 144,414 128,246 54,799 36,058 187,431 195,910 386,644 360,214 Long-term debt Deferred rent and other liabilities 284,773 291,663 Total Liabilities 671,417 651,877 Commitments and contingencies (see Note 14) Shareholders' equity: Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued Common shares; $.0001 par value, 200,000,000 shares authorized, 105,642,283 and 108,248,568 shares issued and outstanding, respectively Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Shareholders’ Equity Total Liabilities and Shareholders' Equity 11 11 684 1,516,190 (27,103) 1,489,098 1,310,859 |(10,651) 1,300,903 2$ 2,160,515 1,952,780

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter13: Investments And Long-term Receivables
Section: Chapter Questions
Problem 14P: Investments in Equity Securities Noonan Corporation prepares quarterly financial statements and...
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What is your company’s common and preferred stock par or stated value? 2019

January 31, January 31, 2019 2018 ASSETS Current assets: 282,220 165,125 76,962 351,395 Cash and cash equivalents 358,260 2$ Marketable securities 279,232 80,461 Accounts receivable, net of allowance for doubtful accounts of $1,499 and $1,326, respectively Inventory Prepaid expenses and other current assets 370,507 114,296 103,055 Total current assets 1,202,756 796,029 978,757 Property and equipment, net Marketable securities 813,768 58,688 101,567 57,292 Deferred income taxes and other assets 104,438 Total Assets 2,160,515 1,952,780 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued compensation and benefits Accrued expenses and other current liabilities Total current liabilities 144,414 128,246 54,799 36,058 187,431 195,910 386,644 360,214 Long-term debt Deferred rent and other liabilities 284,773 291,663 Total Liabilities 671,417 651,877 Commitments and contingencies (see Note 14) Shareholders' equity: Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued Common shares; $.0001 par value, 200,000,000 shares authorized, 105,642,283 and 108,248,568 shares issued and outstanding, respectively Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Shareholders’ Equity Total Liabilities and Shareholders' Equity 11 11 684 1,516,190 (27,103) 1,489,098 1,310,859 |(10,651) 1,300,903 2$ 2,160,515 1,952,780
Transcribed Image Text:January 31, January 31, 2019 2018 ASSETS Current assets: 282,220 165,125 76,962 351,395 Cash and cash equivalents 358,260 2$ Marketable securities 279,232 80,461 Accounts receivable, net of allowance for doubtful accounts of $1,499 and $1,326, respectively Inventory Prepaid expenses and other current assets 370,507 114,296 103,055 Total current assets 1,202,756 796,029 978,757 Property and equipment, net Marketable securities 813,768 58,688 101,567 57,292 Deferred income taxes and other assets 104,438 Total Assets 2,160,515 1,952,780 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable Accrued compensation and benefits Accrued expenses and other current liabilities Total current liabilities 144,414 128,246 54,799 36,058 187,431 195,910 386,644 360,214 Long-term debt Deferred rent and other liabilities 284,773 291,663 Total Liabilities 671,417 651,877 Commitments and contingencies (see Note 14) Shareholders' equity: Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued Common shares; $.0001 par value, 200,000,000 shares authorized, 105,642,283 and 108,248,568 shares issued and outstanding, respectively Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Shareholders’ Equity Total Liabilities and Shareholders' Equity 11 11 684 1,516,190 (27,103) 1,489,098 1,310,859 |(10,651) 1,300,903 2$ 2,160,515 1,952,780
Expert Solution
Step 1 Par and stated value explanation

Par value is the face value of the share and is written in the company's charter.

For Eg: $1 par value share



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