Matching
Match the items below by entering the appropriate code letter in the space provided.
Premises:
Unit of ownership in a corporation.
Total amount paid-in on capital stock.
The amount that must be retained in the business for the protection of creditors.
The amount assigned to each share of stock in the corporate charter.
Shows how many dollars of net income were earned for each dollar invested by the owners.
Net income retained in the corporation.
Widely used by stockholders and potential investors in evaluating the profitability of a company.
The issuance of additional shares of stock to stockholders accompanied by a reduction in the par or stated value per share.
Corporation's own stock that has been reacquired by the corporation but not retired.
A pro Data distribution of the corporation's own stock to stockholders.
A pro data distribution of cash to stockholders.
Preferred stockholders have a right to receive current and unpaid prior-year dividends before common stockholders receive any dividends.
A debit balance in retained earnings.
A dividend declared out of paid-in capital.
Responsible to stockholders for corporate activity .
The date the board of directors formally declares the dividend and announces it to stockholders.
Enables stockholders to maintain their same percentage ownership when new shares are issued.
Creditors only have corporate assets to satisfy their claims.
Responses:
Earnings per share
Stock split
Capital stock
Retained earnings
Board of directors
Declaration date
Stock dividend
Par value
Liquidating dividend
Paid-in capital
Deficit
Legal capital
Cumulative feature
Limited liability
Preemptive right
Cash dividend
Return on common stockholders' equity
Treasury stock
Correct Answer:
Premises:
Responses:
Unit of ownership in a corporation.
Total amount paid-in on capital stock.
The amount that must be retained in the business for the protection of creditors.
The amount assigned to each share of stock in the corporate charter.
Shows how many dollars of net income were earned for each dollar invested by the owners.
Net income retained in the corporation.
Widely used by stockholders and potential investors in evaluating the profitability of a company.
The issuance of additional shares of stock to stockholders accompanied by a reduction in the par or stated value per share.
Corporation's own stock that has been reacquired by the corporation but not retired.
A pro Data distribution of the corporation's own stock to stockholders.
A pro data distribution of cash to stockholders.
Preferred stockholders have a right to receive current and unpaid prior-year dividends before common stockholders receive any dividends.
A debit balance in retained earnings.
A dividend declared out of paid-in capital.
Responsible to stockholders for corporate activity .
The date the board of directors formally declares the dividend and announces it to stockholders.
Enables stockholders to maintain their same percentage ownership when new shares are issued.
Creditors only have corporate assets to satisfy their claims.
Premises:
Unit of ownership in a corporation.
Total amount paid-in on capital stock.
The amount that must be retained in the business for the protection of creditors.
The amount assigned to each share of stock in the corporate charter.
Shows how many dollars of net income were earned for each dollar invested by the owners.
Net income retained in the corporation.
Widely used by stockholders and potential investors in evaluating the profitability of a company.
The issuance of additional shares of stock to stockholders accompanied by a reduction in the par or stated value per share.
Corporation's own stock that has been reacquired by the corporation but not retired.
A pro Data distribution of the corporation's own stock to stockholders.
A pro data distribution of cash to stockholders.
Preferred stockholders have a right to receive current and unpaid prior-year dividends before common stockholders receive any dividends.
A debit balance in retained earnings.
A dividend declared out of paid-in capital.
Responsible to stockholders for corporate activity .
The date the board of directors formally declares the dividend and announces it to stockholders.
Enables stockholders to maintain their same percentage ownership when new shares are issued.
Creditors only have corporate assets to satisfy their claims.
Responses:
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