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Exhibit 1-1
-Referring to Exhibit 1-1, which point on the demand curve represents the maximum number of DVDs purchased?
Capital in Excess of Par
The amount by which the proceeds from the issuance of shares exceed the par value of the shares issued; it's often referred to as additional paid-in capital.
Debt-Equity Ratio
A measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity.
Residual Dividend Policy
A strategy where dividends paid to shareholders are set based on the earnings left over after all operational costs and working capital needs are met.
Retained Earnings
Profits that a company has decided to keep or reinvest in the business instead of distributing to shareholders as dividends.
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