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In recent years, the ratio of earnings of the typical U.S. college graduate to the earnings of the typical high school graduate without additional education has
Income Taxes
Taxes levied by governments on the income earned by individuals and entities within their jurisdiction.
No-Par Common Stock
A type of common stock that is issued without a par value, meaning its value is not fixed in the corporate charter.
Stated Value
A nominal value assigned to share capital in the company's books, which is not determined by market value but is chosen by the company itself.
Cash Proceeds
The total amount of cash received from transactions, often from the sale of assets or issuance of stock.
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