Question:
STOCKHOLDERS’ EQUITY TERMINOLOGY. A list of terms and a list of def- initions and examples are presented below. Make a list of the numbers 1 through 10 and match the letter of the most directly related definition or example with each number.
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TERM 1. Stock warrant 2. Date of record 3. Par value 4. Stock split 5. Treasury stock 6. Stock dividend 7. Preferred stock 8. Outstanding shares 9. Authorized shares 10. Declaration date DEFINITION OR EXAMPLE a) An upper limit of 1 million set by the state of Louisi- ana on the number of shares that Gump's Catch, Inc., can issue. b) Shares that never earn dividends. c) The date on which General Electric announced its intention to pay a dividend on common stock. d) Shares issued minus treasury shares. e) Common stock divided by the number of shares issued. f) A stock issue that requires no journal entry. g) Shares that may earn guaranteed dividends. h) Capitalizes retained earnings. i) A right to purchase stock at a specified future time and specified price. j) The date on which all persons holding shares of Emer- son Electric's common stock become eligible for the current dividend, even if they just bought the shares or sell them a few days later.