Match the concept to the definition (1 pt each)

Question 1 options:

11 A type of stock that represents basic ownership in a company in a period

4 The estimated value of an item at a later point based on periods and interest rates

6 The estimated value of an item currently based on periods and interest rates

7 A type of stock that gives owners certain advantages and typically comes in cumulative or noncumulative forms

9 An account created when a bond's issuance receives more than its face value

5 An estimate of the number of natural resources mined/drilled/harvested/etc in a period

3 A ratio used to measure a company's ability to pay its current liabilities using 'quick' assets.

10 A tax withheld from employees paychecks and matched by employers that is composed of Social Security and Medicare

8 An estimate of wear and tear on physical fixed assets

1 An estimate of wear and tear on intangible fixed assets in a period

2 A company's stock that was issued and later reacquired by the issuing company

1. Amortization expense

2. Treasury Stock

3. Acid Test Ratio

4. Future Value

5. Depletion expense

6. Present Value

7. Preferred Stock

8. Depreciation expense

9. Premium on Bonds Payable

10. FICA tax

11. Common Stock