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Match the Following Descriptions to Stockholders Equity Concepts

Question 170

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Match the following descriptions to stockholders equity concepts

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

Correct Answer:

the number of sharing originally sold to stockholders
a class of stock that does not provide voting rights for shareholders
account used when issue price exceeds par value of stock
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
the number of shares currently held by stockholders
a value that the stock is worth on the stock exchange
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