In 2011, Winn, Inc., issued $1 par value common stock for $35 per share. No other common stock transactions occurred until July 31, 2013, when Winn acquired some of the issued shares for $30 per share and retired them. Which of the following statements correctly states an effect of this acquisition and retirement? A. 2013 net income is decreased. Start studying CH. 13 Accounting. Learn vocabulary, terms, and more with flashcards, games, and other study tools. When a company has issued both preferred and common stock, the common stockholders are allocated their dividends first. False. True/False: A stock split decreases par value per share, whereas stock dividends do not affect What is book value? Book value per share of common stock is the amount of net assets that each share of common stock represents. Some stockholders have keen interest in knowing the book value of the shares they own. This article is focused on its calculation.