Question
A firm has $2000000 in its common stock account and $20,000,000 in its paid - capital account. The firm issued 500,000 shares of common stock.
A firm has $2000000 in its common stock account and $20,000,000 in its paid - capital account. The firm issued 500,000 shares of common stock. What is the part value of the common stock? a. $40 per share b. $44 per share c. $4 per share d. $3 per share
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Handbook Of Financial Planning And Control
Authors: Robert P. Greenwood
3rd Edition
0566083728, 978-0566083723
