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Match the Following Stockholders Equity Concepts to the Most Appropriate

Question 143

Matching

Match the following stockholders equity concepts to the most appropriate answer.

Premises:
authorized shares
preferred stock
common stock
par value
outstanding shares
issued shares
additional paid in capital
market price
Responses:
account used when issue price exceeds par value of stock
a value that the stock is worth on the stock exchange
the number of sharing originally sold to stockholders
a value established for the protection of creditors
the maximum number of shares a company can issue to shareholders
a class of stock that provides voting rights for shareholders
a class of stock that does not provide voting rights for shareholders
the number of shares currently held by stockholders

Correct Answer:

authorized shares
preferred stock
common stock
par value
outstanding shares
issued shares
additional paid in capital
market price
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