Many firms disaggregate the initial amounts they received from shareholders for common shares into the par or nominal or stated value of the shares and the amounts received in excess of this value, called:
A)additional paid-in capital (APIC).
B)share premium.
C)capital contributed in excess of par value.
D)Choices a, b, and c are correct.
E)None of these answer choices is correct.

Question

Quizplus · Accepted Answer

All three options - additional paid-in capital (APIC), share premium, and capital contributed in excess of par value - refer to the amounts received by the company in excess of the par or nominal value of the shares. Therefore, choices a, b, and c are correct.

Many Firms Disaggregate the Initial Amounts They Received from Shareholders