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1. Match the following terms with the appropriate definitions a) Nonparticipating preferred stock b) Stock dividend c) Employee stock option plan d) Legal capital [
1. Match the following terms with the appropriate definitions
a) Nonparticipating preferred stock
b) Stock dividend
c) Employee stock option plan
d) Legal capital
[ Choose ] That portion of corporate capital required by statute to be retained in the business for protection of creditors A form of compensation that creates additional paid in capital on the balance sheet. A dividend that decreases retained earnings and increases contributed capital Stock that is limited to a specified dividend rate per year.
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