Here are the stockholders' Equity accounts and balances from the records of Brett Corporation: Preferred...
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Accounting
Here are the stockholders' Equity accounts and balances from the records of Brett Corporation:
Preferred Stock, cumulative, 30,000 shares authorized $12 par $300,000
Common Stock, 400,000 shares authorized, 360,000 shares issued 720,000
Treasury Stock (10,000 shares, common stock) 180,000
Use this information to answer the following question: the common stock has a par value. what is it per share?
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