121) Explain the fundamental difference between retained earnings and share capital. 122) List several characteristics of a corporation. Indicate, wherever appropriate, if the characteristic is an...





121) Explain the fundamental difference between retained earnings and share capital.



122) List several characteristics of a corporation. Indicate, wherever appropriate, if the characteristic is an advantage or a disadvantage of the corporate form of business.



123) What type of shares would an investor purchase if he or she were primarily interested in a safe investment?



124) What type of shares would an investor purchase if he or she were primarily interested in steady dividends?



125) What type of shares would an investor purchase if he or she were primarily interested in increasing dividends?



126) Name several accounts that would appear in the shareholders' equity section of a balance sheet.





May 15, 2022
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