Financial information for the year ended January 31, 2009, is presented in the text of the chapter.
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1. What is the par value per share for the common stock?
2. How many common shares were issued at the end of the most recent year?
3. Did the company have any treasury stock? How many shares?
4. How much did the company pay in cash dividends in the most recent year?
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,...
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Related Book For
Financial Accounting
ISBN: 9780078110825
2nd Edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
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