You Don't Need to Understand the Impact of an Event

question 35

True/False

You don't need to understand the impact of an event to write about it.

---

Definitions:

Additional Paid-In Capital

Additional paid-in capital is the amount of money that shareholders have paid for shares above the stated par value during issuance, representing excess funds contributed by shareholders.

Shares Outstanding

The total number of a company's shares of stock that are owned by shareholders, including both public investors and corporate insiders.

Retained Earnings

Retained earnings are the cumulative amount of net income left over for a company after it has paid out dividends to its shareholders, reinvested in the business, or used to pay off debt.