LO11-4, LO11-5, LO11-6, LO11-7, LO11-8, LO11-9 EXERCISE 11.2 Accounting Terminology Listed are 12 technical accounting terms discussed in this chapter. Par value Board of directors Double taxation Book value Paid-in capital Dividends in arrears LO11-4 EXERC Analys Equity 509 Market value Retained earnings Preferred stock Common stock Closely held corporation Publicly owned corporation Each of the following statements may or may not) describe one of these technical terms. each statement, indicate the term described. or answer "None" if the statement does not correny describe any of the terms. a. A major disadvantage of the corporate form of organization. b. From investors' point of view, the most important value associated with capital stock. c. Cash available for distribution to the stockholders. d. The class of capital stock that normally has the most voting power. e. A distribution of assets that may be made in future years to the holders of common stock. f. A corporation whose shares are traded on an organized stock exchange. g. Equity arising from investments by owners. h. The element of stockholders' equity that is increased by net income. i. Total assets divided by the number of common shares outstanding. j. The class of stock for which market price normally rises as interest rates increase