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In the context of different network types,a(n) _____ is designed to handle data communication for multiple organizations in a city and sometimes nearby cities as well.
No-par Common Stock
Shares issued without a specified face value, allowing the company flexibility in setting their price.
Stated Value
A value assigned to no-par stock by the board of directors of a company, used as the basis for capital accounts in the shareholders' equity section of the balance sheet.
Par Preferred Stock
A type of preferred stock that has a nominal face value and is entitled to dividends before any dividends can be issued to common stockholders.
Retained Earnings
Profits that a company has kept or retained rather than distributing to shareholders as dividends.
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