Question

At June 30, 2011, Vision Specialty Company reported the following on its comparative balance sheets:


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 Vision 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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  • CreatedSeptember 01, 2014
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