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How are globalization and industrialization related?
Stockholders' Equity
The portion of a company's capital that is owned by its shareholders, calculated as the company's total assets minus its total liabilities.
Cumulative
Describes something that increases or accumulates over time, often used in the context of investments or financial statements.
Legal Capital
The portion of a company's equity that cannot legally be distributed to shareholders as dividends, often linked to the par value of common and preferred stock.
Par Value
A nominal dollar amount assigned to corporate shares, representing the minimum price per share that shares can be issued at.
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