Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

Exercise 36

Accounting Terminology
Listed below are 12 technical accounting terms discussed in this chapter:

Each of the following statements may (or may not) describe one of these technical terms.or each statement, indicate the term described, or answer "None" if the statement does not correctly describe any of the terms.
a. major disadvantage of the corporate form of organization.
b.rom investors point of view, the most important value associated with capital stock.
c.ash available for distribution to the stockholders.
d.he class of capital stock that normally has the most voting power.
e. distribution of assets that may be made in future years to the holders of common stock.
f. corporation whose shares are traded on an organized stock exchange.
g.quity arising from investments by owners.
h.he element of stockholders equity that is increased by net income.
i.otal assets divided by the number of common shares outstanding.
j.he class of stock for which market price normally rises as interest rates increase.