Examlex
Which of the following statements is true?
Paid-In Capital in Excess of Par
The amount of capital received from investors for stock, in excess of the par value of the shares.
Common Stock
A type of equity ownership in a corporation, with voting rights and potential dividends, representing a share in the company's profits and losses.
Date of Declaration
The date on which a company’s board of directors announces the distribution of a dividend or other important decision.
Date of Record
The specific date set by a corporation’s board of directors after which the shareholders on record will be entitled to receive dividends or stock rights.
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