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Donotunderstand

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Donotunderstand

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Re: YanksGhost post# 470277

Sunday, 08/12/2018 10:14:59 AM

Sunday, August 12, 2018 10:14:59 AM

Post# of 869562
I have some understanding of accounting but have been very weak on the equity portion

Separate and apart - I do know that the "assigned" par value of common is not relevant in 99% of accounting

The day a 150 dollar IPO stock is issued the PAR value is one cent in 99% of cases..... and the value of equity raised in the IPO is not pennies
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