The par value per share of common stock represents
A) the minimum selling price of the stock established by the articles of incorporation.
B) the minimum amount the stockholder will receive when the corporation is liquidated
C) an arbitrary amount established in the articles of incorporation
D) the amount of dividends per share to be received each year

Question

Quizplus · Accepted Answer

The par value per share of common stock is an arbitrary amount established in the articles of incorporation and does not reflect the market value or the dividends.

The Par Value Per Share of Common Stock Represents