The total amount of cash and other assets received by a corporation from its stockholders in exchange for its stock is:

A) Always equal to its par value.
B) Always equal to its stated value.
C) Referred to as paid-in capital.
D) Referred to as retained earnings.
E) Always below its stated value.

Paid-in Capital

The amount of money that a company has received from shareholders in exchange for shares of stock.

Par Value

Par value, also known as nominal value, is the legally documented worth of a security's share, such as stocks or bonds, at the time of its issuance.

Stockholders

Individuals or entities that own shares in a corporation, providing them ownership interest.