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A stock split will decrease the total par value of the stock.
Financial Statements
Formal records of the financial activities and position of a business, individual, or other entity.
Raw Materials
Materials in their natural, unprocessed state used as inputs in production processes.
FOB Destination
A shipping term where the seller bears the shipping costs and retains ownership of the goods until they are delivered and accepted by the purchaser.
Consignment Stock
Inventory that is in the possession of the customer but still legally owned by the supplier until sold.
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