Use the Topps Companys annual report to answer the following questions. a. Does Topps common stock have

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Use the Topps Company’s annual report to answer the following questions.

a. Does Topps’ common stock have a par value, and if so how much is it?

b. How many shares of Topps’ common stock were outstanding as of March 1, 2003? Do not forget to consider treasury stock.

c. The dollar-value balance in Topps’ Treasury Stock account is larger than the balance in its Common Stock and Additional Paid-in-Capital accounts. How can this be?

d. How many members of Topps’ Board of Directors are also officers (employees) of the company as of March 1,2003?

e. What was the highest and lowest price per share that Topps’ common stock sold for during the fiscal year ending on March 1, 2003?

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Survey Of Accounting

ISBN: 9780077503956

1st Edition

Authors: Thomas Edmonds, Philip Olds, Frances McNair, Bor-Yi Tsay

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