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  3. the common shares of diaz corporation inc. have a

The common shares of Diaz Corporation Inc. have a par value of $1.00 and a...

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Accounting

The common shares of Diaz Corporation Inc. have a par value of $1.00 and a market value of $15.00.



Explain why these price values are different. Justify your answer and present example(s) of large corporations well known in the world.


 
Why is a stock generally not issued by a Corporation at a price that is less than its par value?  


 
Identify events that may result in debits and credits to the Retained Earnings account.


 
Why should preferred stock dividends be subtracted from net income to calculate earnings per share (EPS)?

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