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The par value of common stock represents the: A. stocks market value. B. amount credited to Common Stock account when the shares are issued. C.
The par value of common stock represents the:
- A. stocks market value.
- B. amount credited to Common Stock account when the shares are issued.
- C. liquidation value of the stock
- D. exact amount of a corporation receives when it issues the stock.
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Financial Management For Nonprofit Organizations Policies And Practices
Authors: Jo Ann Hankin, John Zietlow, Alan Seidner, Tim O'Brien
3rd Edition
1119382564, 9781119382560
