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Critical Thinking Questions Case 1 Ellie wants to use Office 2013 for her catering business. For example, she plans to use Word to maintain her sallection of recipes, and Excel to manage her budget. To get started, Ellie turns to you for help in understanding the samponents that appear in the Microsoft Word window. Ellie next asks you about the samponent located near the top of the window below the title bar. You explain that it provides easy, central access to the tasks performed while creating a document. What is the name of this samponent?
Stated Value
A value assigned to no-par value stock by the issuing company's board of directors to serve as the stock's legal capital.
No-par Stock
Shares issued without a par value listed on the face of the stock certificate, allowing the company more flexibility in setting their value.
Redemption Value
The value at which a bond or other debt security can be redeemed before its maturity by the issuer.
State Of Incorporation
The specific state within the United States where a corporation is registered to conduct business under its laws.
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