Question
Match each of the following items with the appropriate definition. Each item is to be used only once. a. additional paid-in capital b. preferred stock
Match each of the following items with the appropriate definition. Each item is to be used only once.
a. additional paid-in capital
b. preferred stock
c. payment date
d. capital stock
e. dividends in arrears
f. treasury stock
g. contributed capital
h. cumulative preferred stock
i. noncumulative preferred stock
______ 1. Type of corporate stock that has preference rights over common stock
______ 2. Preferred stock that is not entitled to receive past, unpaid dividends
______ 3. Owners contributions to a firm
______ 4. Shares of ownership in a corporation
______ 5. The excess over par value received by a corporation when it issues stock
______ 6. Stock of a corporation that has been issued and has been repurchased by the issuing corporation
______ 7. Date when cash dividends are actually paid to shareholders of a corporation
______ 8. Stock on which the fixed dividend amount accumulates from year to year; the entire amount of all past unpaid dividends must be paid to the preferred shareholders before any dividends can be paid to the common shareholders
______ 9. Any dividends owed to the preferred shareholders from past years that were not declared and are currently unpaid
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