Match the Items Below by Entering the Appropriate Code Letter

Match the items below by entering the appropriate code letter in the space provided.
A. Limited liability
B. Capital stock
C. Board of directors
D. Paid-in capital
E. Retained earnings
F. Preemptive right
G. Par value
H. Legal capital
I. Treasury stock
J. Cumulative feature
K. Deficit
L. Liquidating dividend
M. Earnings per share
N. Return on common stockholders' equity
O. Cash dividend
P. Declaration date
Q. Stock dividend
R. Stock split
____ 1. Net income retained in the corporation.
____ 2. The amount that must be retained in the business for the protection of creditors.
____ 3. Preferred stockholders have a right to receive current and unpaid prior-year dividends before common stockholders receive any dividends.
____ 4. Creditors only have corporate assets to satisfy their claims.
____ 5. Responsible to stockholders for corporate activity.
____ 6. The amount assigned to each share of stock in the corporate charter.
____ 7. Unit of ownership in a corporation.
____ 8. Enables stockholders to maintain their same percentage ownership when new shares are issued.
____ 9. Corporation's own stock that has been reacquired by the corporation but not retired.
____ 10. Total amount paid-in on capital stock.
____ 11. A dividend declared out of paid-in capital.
____ 12. A pro rata distribution of cash to stockholders.
____ 13. A debit balance in retained earnings.
____ 14. A pro rata distribution of the corporation's own stock to stockholders.
____ 15. Shows how many dollars of net income were earned for each dollar invested by the owners.
____ 16. The date the board of directors formally declares the dividend and announces it to stockholders.
____ 17. The issuance of additional shares of stock to stockholders accompanied by a reduction in the par or stated value per share.
____ 18. Widely used by stockholders and potential investors in evaluating the profitability of a company.