Examlex
Match the person or term with the with the correct description.
-John Sullivan
Retained Earnings
This part of shareholders' equity reflects the accumulated net income retained for reinvestment in the business, rather than being paid out in dividends.
Paid-In Capital
The total amount of capital that shareholders have directly contributed to a company in exchange for shares.
Stockholders' Claim
Represents the shareholders' ownership interest in a company's assets, usually after debts and liabilities have been settled.
Authorized Stock
The amount of stock that a corporation is authorized to sell as indicated in its charter.
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