大学核心商务英语读写教程3Unit3StockMarket教材教学课件.pptVIP

UNIT THREE Stock Market;Objectives;1. Background Information; The stock of a business is divided into shares, the total of which must be stated at the time of business formation. Given the total amount of money invested in the business, a share has a certain declared face value, commonly known as the par value of a share. The par value is the de minimis (minimum) amount of money that a business may issue and sell shares for in many jurisdictions and it is the value represented as capital in the accounting of the business. In other jurisdictions, however, shares may not have an associated pa