Question
27. Listed below are ten terms followed by a list of phrases that describe or characterize the terms. Match each phrase with the best term
27. Listed below are ten terms followed by a list of phrases that describe or characterize the terms. Match each phrase with the best term placing the number designating the term in the space provided.
1. Stock split 2. Retained earnings
3. Stock dividends
4. Statement of stockholders' equity
5. Preferred stock
6. Articles of incorporation
7. Additional paid-in capital 8. Venture capital firms
9. Organization chart 10. Dividends
Provide additional financing, often in the millions, for a percentage ownership in the company. ____
A mixture of attributes somewhere between common stock and bonds payable. ____
Summarizes the changes in the balance in each stockholders' equity account over a period of time. ____
Traces the line of authority for a typical corporation. ____
The portion of the cash proceeds above par value. ____
A large stock dividend that includes a reduction in the par or stated value per share. ____
Represents all net income, less all dividends, since the company began. ____
Distributions by a corporation to its stockholders. ____
Additional shares of the companies' own stock given to stockholders. ____
Describes the nature of the firm's business activities, the shares to be issued, and the composition of the initial board of directors. ____
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