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Which of the following statements is not true regarding no-par value stock with a stated...

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Accounting

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Which of the following statements is not true regarding no-par value stock with a stated value? a. The stated value represents the minimum legal capital of the firm. b. The issuance increases the common stock account by the market price of the shares issued. c. The issuance increases the common stock account by the stated value of the shares issued. d. The stated value of the shares has no effect on the market value of the shares

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