Question
6A company issued shares in the market at $12.00 and recorded $0.10 par value and $11.90 as additional paid in capital on December 31, 2015
6A company issued shares in the market at $12.00 and recorded $0.10 par value and $11.90 as additional paid in capital on December 31, 2015 in its balance sheet. On December 31, 2016, the market value of the shares went down to $10.00. How will the par value and additional paid in capital change?
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
