Match the Following Terms to Their Correct Definition

Match the following terms to their correct definition.
-Dividends that are paid out of contributed capital because retained earnings have been reduced to zero.

A) Articles of incorporation
B) Common stock
C) Contributed capital
D) Corporate charter
E) Current dividend preference
F) Date of record
G) Declaration date
H) Dividends in arrears
I) Equity
J) Exercise (strike) price
K) Liquidating dividend
L) No-par stock
M) Payment date
N) Preferred stock
O) Prior period adjustment
P) Return on common equity

Correct Answer:

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