Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

kindly do this question fast Choose the term that best matches each of the following descriptions: a) select answer Unpaid dividends. select answer Authorized number

image text in transcribed

image text in transcribed

kindly do this question fast

Choose the term that best matches each of the following descriptions: a) select answer Unpaid dividends. select answer Authorized number of shares Shares that are issued by every corporation. Board of directors Book value C Classes of shares Shares that have been issued, were once held by shareholders, and have now been reacquired by the corporation. Common shares d) Cumulative preferred shares Shares that have been sold and are held by investors. Date of declaration Date of payment e) The amount of net assets represented by one share. Date of record Dividends in arrears f) | Issued and outstanding shares A class of share where the shareholders are entitled to receive dividends before common shareholders. Issued shares Non-cumulative preferred shares Preferred shares that only receive a dividend when declared by the board of directors. Organization costs Par-value h) A group of people that formulates the corporation policy and broadly directs the affairs of the corporation. Preferred shares Proxy statement i) | Reacquired or treasury shares ees such as lawyer and government fees, travel and promotional costs, to create a corporation. Share j) select answer Shares that have been sold but may have been repurchased by the corporation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Connect For Financial Accounting Fundamentals

Authors: Author

8th Edition

126411169X, 9781264111695

More Books

Students also viewed these Accounting questions