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  3. Study Set
    Principles of Managerial Finance
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    Exam 3: Financial Statements and Ratio Analysis
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    Paid-In Capital in Excess of Par Represents the Firm's Book
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Paid-In Capital in Excess of Par Represents the Firm's Book

Question 149

Question 149

True/False

Paid-in capital in excess of par represents the firm's book value received from the original sale of common stock.

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