P10-78A (similar to) Marketing Specialties, Inc., reported the following statement of stockholders' equity for the year ended October 31, 2016: (Click the icon to view the statement of stockholders' equity.) Read the requirements Requirement 1. What is the par value of the company's common stock? Select the formula and then calculate the amount. (Round your answer to the nearest cent.) Par value per common share million million Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All