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The legal capital of a corporation may be any of the following except a. the stated value of the stock. b. the market value of
The legal capital of a corporation may be any of the following except
| a. | the stated value of the stock. | |
| b. | the market value of the stock at the balance sheet date (assuming the market value differs from the par or stated value). | |
| c. | the entire proceeds from the stock issuance. | |
| d. | the par value of the stock. |
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Information Technology Control And Audit
Authors: Sandra Senft, Frederick Gallegos, Aleksandra Davis
4th Edition
