Asked by
surbhi gupta
on Oct 15, 2024
Verified
Stated value stock is no-par stock that is assigned a "stated" value per share.
Stated Value
In accounting, a value assigned to share capital that does not have a par value; used for legal capital determination.
No-par Stock
Stock issued without a specified face value or par value.
Share
An individual portion of ownership in a corporation, represented by a stock.
- Understand the basic characteristics and concepts related to stocks in corporations.
- Comprehend the financial mechanisms behind stock issuance, including par value, stated value, and no-par value stocks.
Verified Answer
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Learning Objectives
- Understand the basic characteristics and concepts related to stocks in corporations.
- Comprehend the financial mechanisms behind stock issuance, including par value, stated value, and no-par value stocks.