Common Products has just made its first issue of stock It raised $2 million by selling 200,000 shares of stock to the public These are the only shares outstanding The par value of each share was $2 Fill in the following table Common shares (par value) Additional paid in capital Retained earnings Ne...

Common shares par value 200000 200 400000 Additional ...

Common Products has just made its first issue of stock. It raised $2 million by selling 200,000

Question:

Common Products has just made its first issue of stock. It raised $2 million by selling 200,000 shares of stock to the public. These are the only shares outstanding. The of each share was $2. Fill in the following table:
Common shares ................ ______________
Additional paid-in capital ................... ______________
Retained earnings ............................. ______________
Net common equity ................................. $2,500,000
Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...