Examlex
________ are effective for showing comparisons.
Stated Value
The nominal value assigned to no-par stock by the issuing company's board of directors.
Working Capital
The difference between a company's current assets and current liabilities, indicating short-term financial health and operational efficiency.
No-par Stock
Stock issued without a par value specified in the corporate charter or on the stock certificate.
Minimum Legal Capital
The least amount of capital that a company is required to maintain by law, to protect creditors from the company's liabilities.
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