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Par value: A. represents the original selling price for a share of stock B. is an arbitrary amount establishing the legal capital for a share
Par value:
- A. represents the original selling price for a share of stock
- B. is an arbitrary amount establishing the legal capital for a share of stock and is the minimum amount that shareholders must contribute to acquire the stock
- C. is established for a share of stock after it is issued
- D. represents what a share of stock is worth in the stock market
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Financial Accounting For Decision Makers
Authors: Peter Atrill, Eddie McLaney
7th Edition
027378563X, 9780273785637
