ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 334

a. the amount of capital the state of incorporation allows the
company to accumulate over its existence.

b. the par value of all capital stock issued.

c. the amount of capital the federal government allows a
corporation to generate.

d. the total capital raised by a corporation within the limits set
by the Securities and Exchange Commission.

S25. Stockholders of a business enterprise are said to be the
residual owners. The term residual owner means that
shareholders