Examlex
Which of the following accurately describes how the issuance of additional shares of stock for cash would affect the ratios indicated?
Certified Check
A check verified by a bank, confirming that the signer has enough funds in their account to cover the check amount.
Cashier's Check
A check issued by a bank, drawn on the bank's own funds and signed by a cashier, used for guaranteed payment.
Digital Cash
Money stored electronically in place of physical currency.
Physical Currency
Tangible money, such as coins and paper bills, used as a medium of exchange for goods and services.
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