on 10 e par value per share of common stock represents: a. an arbitrary amount established in the articles of incorporation b. the amount of dividends per share to be received each year c. the minimum selling price of the stock established by the articles of incorporation. d. the minimum amount the stockholder will receive when the corporation is liquidated.
on 10 e par value per share of common stock represents: a. an arbitrary amount established in the articles of incorporation b. the amount of dividends per share to be received each year c. the minimum selling price of the stock established by the articles of incorporation. d. the minimum amount the stockholder will receive when the corporation is liquidated.
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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