Distribution of Additional Shares of Stock and Reduction of the Par

question 143

Short Answer

Distribution of additional shares of stock and reduction of the par value of the stock is ______________________________.

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Definitions:

Lockbox System

A lockbox system is a service offered by banks to companies for the receipt of payment from customers, under which the payments are directed to a special post office box rather than to the company.

Daily Interest Rate

A method of calculating interest where the rate is applied to the principal on a daily basis.

Miller-Orr Model

A financial model used for managing cash balances and optimizing the levels of cash holding based on specified upper and lower limits.