公司理财ppt-14.pptVIP

Chapter Outline 14.1 Common Stock 14.2 Corporate Long-Term Debt: The Basics 14.3 Preferred Stock 14.4 Patterns of Financing 14.5 Recent Trends in Capital Structure 14.6 Summary and Conclusions 14.1 Common Stock Par and No-Par Stock Authorized versus Issued Common Stock Capital Surplus Retained Earnings Market Value, Book Value, and Replacement Value Shareholders’ Rights Dividends Classes of Stock Par and No-Par Stock The stated value on a stock certificate is called the par value. Par value is an accounting value, not a market value. The total par value (the number of shares multiplied by the