Financial information for American Eagle is presented in Appendix A at the end of the book. Using
Question:
Required:
1. What is the par value per share for the common stock?
2. How many common shares were issued at the end of the most recent year?
3. Did the company have any treasury stock? How many shares?
4. How much did the company pay in cash dividends in the most recent year? (Hint: Look in the statement of stockholders' equity in the retained earnings column.)
Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
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Financial Accounting
ISBN: 978-1259307959
4th edition
Authors: David Spiceland, Wayne Thomas, Don Herrmann
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