Question

Please answer the matching question below to the best of your knowledge. Thank you in advance for your participation.
Matching questions   

Treasury stock

Stock split

Record date

Outstanding stock

Retained earnings

Publicly held corporation

Preferred stock

Legal capital

Cumulative dividend

Par value stock

 
1-  Net income that is retained in the business.
2- The amount per share of stock that must be retained in the business for the protection of corporate creditors.   

 Capital stock that has contractual preferences over common stock in certain areas.   

  A corporation that may have thousands of stockholders and whose stock is regularly traded on  a national securities market.      

 Capital stock that has been issued and is being held by stockholders.      

Capital stock that has been assigned a value per share in the corporate charter.    

 A corporation's own stock that has been issued,  fully paid for, and reacquired by the corporation but not retired.

The issuance of additional shares of stock to stockholders accompanied by a reduction in the par or stated value per share.  

 9.   The date when ownership of outstanding shares is determined for dividend  purposes.      

A feature of preferred stock entitling the stockholder to receive current and unpaid prior-year dividends before                                                           common stockholders receive any dividends.                  

Answer 1

Solution :

1. Treasury stock - A corporation's own stock that has been issued, fully paid for, and reacquired by the corporation but not retired.

2. Stock split - The issuance of additional shares of stock to stockholders accompanied by a reduction in the par or stated value per share.

3. Record date - The date when ownership of outstanding shares is determined for dividend purposes.

4. Outstanding stock - Capital stock that has been issued and is being held by stockholders.

5. Retained earnings - Net income that is retained in the business.

6. Publicly held corporation - A corporation that may have thousands of stockholders and whose stock is regularly traded on a national securities market.

7. Preferred stock - Capital stock that has contractual preferences over common stock in certain areas.   

8. Legal capital - The amount per share of stock that must be retained in the business for the protection of corporate creditors.

9. Cumulative dividend - A feature of preferred stock entitling the stockholder to receive current and unpaid prior-year dividends before common stockholders receive any dividends.

10. Par value stock - Capital stock that has been assigned a value per share in the corporate charter.