Which one of the following phrases is least desirable when describing an amount received from a sale of stock in excess of the par value of the stock?

A) paid-in capital in excess of par value
B) capital surplus
C) premium on common stock
D) contributed capital in excess of par value

Paid-In Capital

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

Capital Surplus

Capital surplus refers to the amount that a company raises from the sale of its shares above their par value, often reflecting additional investment or gains retained in the business.