Divide into teams of three or four students to decide on a new corporation. Determine a name

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Divide into teams of three or four students to decide on a new corporation. Determine a name and a product or service this corporation will provide. Develop a stock certificate for your corporation. How many shares will you ask to be authorized by the state? What will be the par value? Will these shares be preferred, common, or both? How much will you accept as a price per share for the initial public offering (IPO)?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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College Accounting Chapters 1-30

ISBN: 978-0077862398

14th edition

Authors: John Price, M. David Haddock, Michael Farina

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