Supper Company Ltd., reported the following stockholders' equity on its balance sheet at June 30, 2021: Paid-in Capital Preferred stock, 10%,? par, 650,000 shares authorized, 280,000 shares issued $1,400,000 Common stock, par value $? per share, 5,000,000 shares authorized, 2,000,000 1,000,000 shares issued and outstanding Paid-in capital in excess of par-common a. Which of the following is the correct par value for the company's common stock? $0.40 Supper Company Ltd. Stockholders' Equity June 30,2021 Ob. $1,000,000 Oc. $2 Od. $2,000,000 Clear my choice 6,000,000
Supper Company Ltd., reported the following stockholders' equity on its balance sheet at June 30,2021 : Which of the following is the correct parvalue for the company's common stock? a. $0.40 b. $1,000,000 c. $2 d. $2,000,000 clear my choice