Accounting for IGCSE & O level - Preparation Of Financial Statements (Section 19 - No. 19)
What is 'Nominal Value' (or 'Par Value') of a share?
The current market price of the share.
The price at which the share was initially sold.
The face value of the share, stated in the company's articles of association.
The amount of profit earned per share.
Explanation
Nominal value is the face value.
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