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kozerog [31]
3 years ago
8

No-par value stock is stock not assigned a value per share by the corporate charter. Its advantage is that it can be issued ____

_______ without the possibility of a minimum legal capital.
Business
1 answer:
Leya [2.2K]3 years ago
6 0

Answer: at any price

       

Explanation: In simple words, it refers to those stocks that are issued without any face value or par value. The advantage of issuing such stock that the prices are not predetermined by the company, but actually they are ascertained by the investors who are willing to deal with them in the market at issuance.

Therefore, these kinds of stocks are generally issued by the organisation who have competitive advantage over others or are industry leaders as they know that their stock will be priced higher.

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According to Barry Oshry, system blindness: occurs in a limited amount of organizations. causes low-level employees to feel over
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is rooted in troubled relationships between groups that have little grasp of what’s going on outside their own neighborhood.

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8 0
4 years ago
Carter Industries has two divisions: the West Division and the East Division. Information relating to the divisions for the year
Anon25 [30]

Answer:

$54,000

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= 36,000 × $3

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3 years ago
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