Stated Value Stock Is No-Par Stock That Is Assigned a Value

question 115

True/False

Stated value stock is no-par stock that is assigned a value per share by the corporation's board of directors.

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Definitions:

Graph

A visual representation of data designed to communicate information clearly and efficiently.

Frequency Distribution

The organization of raw data in table form, showing how frequently each value in a set of data occurs.

Communicate

The act of conveying information or expressing thoughts and feelings through speech, writing, signals, or other means.

Idea

A thought or suggestion as to a possible course of action, concept, or level of understanding.