Examlex
Which of the following touch screen gestures scrolls the display?
Stated Value
A value assigned to a share of no-par stock by the company's board of directors for accounting purposes.
No-Par
Refers to stock issued without a nominal or par value.
Paid-In Capital
Paid-in capital is the amount of money investors have given a company in exchange for shares of stock, representing capital provided by shareholders through the purchase of stock from the corporation.
Noncumulative
Describes dividends on preferred stock that, if not paid in the year they are due, do not accumulate and are not required to be paid in later years.
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