Currency Exchange » discuss foreign exchange rates

1. marieaguirre
   Member

   greetings my fellow forumites!
   I am at times inquired as to the meaning of stated value.
   Stated value is a value that, instead of being par value, is assigned to a corporation's stock for accounting purposes. Stated value has no relation to market price.
   For example, if stated value is $1 per share and the company issues 1 million shares, the stated value of its stock is $1 million. This amount is credited to the company's capital stock account, and is considered the legal capital of a corporation. Because it is generally illegal for a company to pay dividends or repurchase shares if doing so impairs the legal capital, stated value does help to provide shareholders with some protection.
   Par value stock has a stated value on its face representing the minimum amount contributed by the shareholder. Stock without a par value has no stated value, allowing the corporation to issue it for any amount per share that the board of directors determines to be appropriate.

   Posted 1 year ago #

2. gina_conrad
   Member

   apparently the conjecture that the NOK-EUR is speculated to crash as it's entering the 9th next month came about through the fact that Norwegian Krone rate will be affected by the pull in the leather goods market, and as a result will climb up this fact may possibly explain the NOK's downslide.

   Posted 1 year ago #

3. marieaguirre
   Member

   anyone else?

   Posted 1 year ago #

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