Solved

Match Each of the Following Items with the Appropriate Definition

Question 223

Matching

Match each of the following items with the appropriate definition.Each item should be used only once.

Premises:
Shares that have been issued and not held in the corporation's treasury
Type of corporate stock that has preference rights over common stock
An arbitrary amount printed on a share of stock assigned by the corporation
The excess over par value received by a corporation when it issued stock
Owners' contributions to a firm
Stock of a corporation that has been issued and has been repurchased by the issuing corporation
The total number of shares a corporation may sell to investors as permitted by the corporation's state charter
Shares that have been sold to investors by a corporation
Shares of ownership in a corporation
Responses:
par value
additional paid-in capital
capital stock
preferred stock
contributed capital
authorized
outstanding
treasury stock
issued

Correct Answer:

Shares that have been issued and not held in the corporation's treasury
Type of corporate stock that has preference rights over common stock
An arbitrary amount printed on a share of stock assigned by the corporation
The excess over par value received by a corporation when it issued stock
Owners' contributions to a firm
Stock of a corporation that has been issued and has been repurchased by the issuing corporation
The total number of shares a corporation may sell to investors as permitted by the corporation's state charter
Shares that have been sold to investors by a corporation
Shares of ownership in a corporation
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