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At June 30, 2011, Miles Specialty Company reported the following on its comparative balance sheets Click the icon to view the comparative balance sheet information.)

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At June 30, 2011, Miles Specialty Company reported the following on its comparative balance sheets Click the icon to view the comparative balance sheet information.) Requirements 1. What is the par value of the company's common stock? 2. Did the company issue any new shares during the fiscal year ended June 30, 2011? 3. What was the approximate (average) issue price of the stock issued during the year ended June 30, 2011? 4. Did Miles Specialty Company earn net income (loss) during the year ended June 30, 2011? Assuming no dividends were declared and paid, how much was net income (loss)

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