What is par value in share
[DOC File]FA Chapter 11 SM - City University of New York
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In 2008, Wyatt Corporation issued for P110 per share, 15,000 shares of P100 par value convertible preferred stock. One share of preferred stock may be converted into three shares of Wyatt's P25 par value common stock at the option of the preferred shareholder. On December 31, 2009, all of the preferred stock was converted into common stock.
Form CM28 - BIPA
Aug 04, 2009 · 17. On October 1, Takei, Inc. exchanged 8,000 shares of its $25 par value common stock for a parcel of land to be held for a future plant site. Takei’s common stock had a fair market value of $80 per share on the exchange date. Takei received $36,000 from the sale of scrap when an existing building on the site was razed. The land should be ...
[DOC File]TRANSMITTAL SHEET AND CHECK LIST
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Common stock($10 par value; 72,000 shares authorized and issued; 5,000 shares in treasury $720,000 The dollar balance of this account does not change with a treasury stock purchase. (ii) The descriptions and dollar amounts for Paid-In Capital in Excess of Par Value, Common Stock will not change.
Par Value of Shares (Definition, Formula) | How to Calculate?
The par value is an arbitrary amount set by the board of directors when the class of stock is authorized by the shareholders for issuance. The additional paid-in-capital account is increased by the excess of the proceeds from the stock sale less that portion of the proceeds credited to the common stock account.
[DOC File]On January 1, 2010, Carolinas Corporation had the ...
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(a) The number of issued shares is The class of issued shares is The value of each share is and (b) that, if each new share is issued at the same value per share as the existing value per share, the state capital would be
[DOC File]1
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8. M&E Inc. has an outstanding convertible bond. The bond can be converted into 20 shares of common equity (currently trading at $52/share). The bond has 5 years of remaining maturity, a $1,000 par value, and a 6% annual coupon. M&E’s straight debt is currently trading to yield 5%. What is the minimum price of the bond? Solution:
[DOC File]Issuance of Common Stock example
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Par value is typically a very nominal amount such a $0.01 per share. Par value is an arbitrary amount assigned to each share of stock when it is authorized. Market price is the amount that each share of stock will sell for in the market.
[DOC File]ITS - Website Hosting - Personal/Professional | Western ...
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“Par value” means the stated dollar amount assigned to a share. In general terms, it represents the minimum stated amount for which each share shall be issued. For example, if the corporation has authorized a total of 1,000 shares of common stock of $1 par value and if payment for the share is to be made in cash, the corporation must receive at least $1 for each share …
11 - BIPA
of the company's articles of association. Number of shares Class of shares Nominal par value. of share Premium per share Issue price of no par value share Amount Paid Total N$ Signed at this day of of the year Signature _____ Director
[DOC File]Financial Accounting volume 2 questions
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Feb 11, 2010 · Common Stock ($20 par value, 60,000 shares issued and outstanding) $1,200,000 Paid-in Capital in Excess of Par Value 200,000 Retained Earnings 600,000 During the year, the following transactions occurred. Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1.
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