Questions -
1) What basic rights are held by each common stockholders?
2) What are rights of ownership given up by preferred shareholders? what additional protections are enjoyed by preferred shareholders?
3) How is stock valued when it is issued in exchange for non-cash assets or for services?
4) Why might a company repurchased its own stock?
5) a) What is the basic difference between the cost method and the par value method of accounting for treasury stock?
b) How will total stockholders' equity differ, if at all, under the two method?