Examlex
Pro forma statements for a proposed project should generally do all of the following except:
Retained Earnings
Retained earnings represent the cumulative amount of net income earned by a company that is kept within the company for reinvestment in its operations or to pay debt, rather than being paid out as dividends to shareholders.
Paid-In Capital
The complete sum of money and various assets that investors have provided to a corporation in return for its shares.
Stock Dividend
A dividend payment made in the form of additional shares rather than a cash payout, increasing the number of shares owned by each shareholder.
Authorized Shares
The maximum number of shares that a corporation is legally permitted to issue, as specified in its charter.
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