13-4 Common stock Authorized Share Capital Maximum number of shares that the company is permitted to issue, as specified in the firms articles of incorporation Par value Retained earnings Value of security Earnings not paid out shown on certificate as dividends Irwin/McGraw-Hill CThe McGraw-Hill Commpanies, Inc, 2001©The McGraw-Hill Companies, Inc.,2001 13- 4 Irwin/McGraw-Hill Common Stock Authorized Share Capital Maximum number of shares that the company is permitted to issue, as specified in the firm’s articles of incorporation. Par Value Value of security shown on certificate. Retained Earnings Earnings not paid out as dividends