Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

Exercise 46

Par, Book, and Market Values
Techno Corporation is the producer of popular business software.ecently, an investment service published the following per-share amounts relating to the companys only class of stock:

Instructions
a.ithout reference to dollar amounts, explain the nature and significance of par value, book value, and market value.b.omment on the relationships, if any, among the per-share amounts shown for the company.hat do these amounts imply about Techno Corporation ana its operations Comment on what these amounts imply about the security of creditors ' claims against the company.