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    Financial Accounting IFRS Study Set 1
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    Exam 11: Corporations: Organization, Share Transactions, Dividends, and Retained Earnings
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    Legal Capital Per Share Cannot Be Equal to the
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Legal Capital Per Share Cannot Be Equal to the

Question 181

Question 181

Multiple Choice

Legal capital per share cannot be equal to the


A) par value per share of par value shares.
B) total proceeds from the sale of par value shares above par value.
C) stated value per share of no-par value shares.
D) total proceeds from the sale of no-par value shares.

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