Matching
Match the following definitions to their terms
Premises:
An amount assigned per share by the corporation in its charter.
A corporation's distribution of its own stock to its stockholders without the receipt of any payment.
The number of shares of stock that a corporation's charter allows it to sell.
Preferred stock that gives the issuing corporation the right to purchase or retire it at specified future prices and dates.
The costs of bringing a corporation into existence that include legal fees, promoters' fees, and amounts paid to obtain a charter.
The distribution of additional shares of stock to stockholders according to their present ownership.
The right of common stockholders to maintain their proportionate interest in a corporation by having the first opportunity to buy additional proportionate shares of stock issued.
A class of stock that has not been assigned a par value by the corporate charter.
Preferred stock giving the holder the option of exchanging it for common stock at a specified rate.
The basic stock of a corporation that usually carries voting rights for controlling the corporation.
Responses:
Stock split
No-par value stock
Stock dividend
Authorized stock
Common stock
Preemptive right
Par value
Callable preferred stock
Convertible preferred stock
Organization costs
Correct Answer:
Premises:
Responses:
An amount assigned per share by the corporation in its charter.
A corporation's distribution of its own stock to its stockholders without the receipt of any payment.
The number of shares of stock that a corporation's charter allows it to sell.
Preferred stock that gives the issuing corporation the right to purchase or retire it at specified future prices and dates.
The costs of bringing a corporation into existence that include legal fees, promoters' fees, and amounts paid to obtain a charter.
The distribution of additional shares of stock to stockholders according to their present ownership.
The right of common stockholders to maintain their proportionate interest in a corporation by having the first opportunity to buy additional proportionate shares of stock issued.
A class of stock that has not been assigned a par value by the corporate charter.
Preferred stock giving the holder the option of exchanging it for common stock at a specified rate.
The basic stock of a corporation that usually carries voting rights for controlling the corporation.
Premises:
An amount assigned per share by the corporation in its charter.
A corporation's distribution of its own stock to its stockholders without the receipt of any payment.
The number of shares of stock that a corporation's charter allows it to sell.
Preferred stock that gives the issuing corporation the right to purchase or retire it at specified future prices and dates.
The costs of bringing a corporation into existence that include legal fees, promoters' fees, and amounts paid to obtain a charter.
The distribution of additional shares of stock to stockholders according to their present ownership.
The right of common stockholders to maintain their proportionate interest in a corporation by having the first opportunity to buy additional proportionate shares of stock issued.
A class of stock that has not been assigned a par value by the corporate charter.
Preferred stock giving the holder the option of exchanging it for common stock at a specified rate.
The basic stock of a corporation that usually carries voting rights for controlling the corporation.
Responses:
Related Questions
Q197: Match the following definitions to their terms
Q198: If a company discovers a mistake in
Q201: _ preferred stock gives holders the option
Q203: _ preferred stock has a feature that
Q207: Dividend payment involves three important dates. They
Q209: The price-earnings (PE) ratio is calculated by
Q221: _ is the amount of income earned
Q223: _ is the stockholders' equity applicable to
Q228: _ are corrections of material errors in
Q244: Holders of _ have a right to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents