Actividad 2: Llena blancos Utilizando la lista de trminos que se incluye, complete las siguientes oraciones 1. A corporation has a separate owners. distinct from its 2. The major advantages of the corporate form of organization include (1) limited of stockholders, (2) continuous, (3) ease of transferring 3. The managing the business. and is the chief executive officer with direct responsibility for 4. Most publicly held corporations are required to make extensive disclosure of their financial affairs to the 5. Stockholders generally have the right to share in corporate upon liquidation. 6. Par value of stock represents the retained in the business for the protection of corporate and in per share that must be 7. A corporation's own stock that has been reacquired by the corporation and held for future use is called 8. The feature of preferred stock gives the preferred stockholders the right to receive current-year dividends and unpaid prior-year dividends before common stockholders receive any dividends. 9. Three important dates associated with dividends are the: (1) (2) and (3) 10. The entry to record the declaration of a stock dividend increases and decreases, 11. Both a stock split and a stock dividend will the number of shares outstanding and have on total stockholders' equity. 12.A debit balance in retained earnings is identified as a 13. The paid-in capital section of the balance sheet consists of two classifications: and Additional paid-in capital increase payment assets legal capital president creditors legal existence record Capital stock cumulative declaration Deficit lability life earnings no effect ownership rights paid-in capital retained eamings Securities and Exchange Commission treasury stock