1. How are paid-in-capital and retained earnings:

• Similar?

• Different?

2. What are the main categories of paid-in capital?

3. When does a company declare a cash dividend?

4. Which characteristic of a corporation limits a stockholder's loss to the amount of his or her investment in the stock of the corporation?

5. How are paid-in-capital and retained earnings:

• Similar?

• Different?

2. What are the main categories of paid-in capital?

3. When does a company declare a cash dividend?

4. Which characteristic of a corporation limits a stockholder's loss to the amount of his or her investment in the stock of the corporation?

5. What does the term par value of stock mean?

6. What does the term par value of stock mean?