Question

In: Accounting

26. Match (by number) the following terms with their definitions. Each letter is used only once....

26. Match (by number) the following terms with their definitions. Each letter is used only once. Angel

1. Shares held by investors
2. Shares receive priority for future dividends, if dividends are not paid in a given year
3. Shareholders can lose no more than the amount they invested in the company

4. The corporation's own stock that it reacquired 5. The amount invested by stockholders
6. The earnings not paid out in dividends
7. Shares can be returned to the corporation at a predetermined price

8. Shares available to sell
9. Shares actually sold
10. Wealthy individuals in the business community willing to risk investment funds on a promising business venture

investors. ____

Paid-in capital. ____

Issued stock. ____

Authorized stock. ____

Redeemable. ____

Cumulative. ____

Retained earnings. ____

Limited liability. ____

Treasury stock. ____

Outstanding stock. ____

Solutions

Expert Solution

Investors. ____ 10. Wealthy individuals in the business community willing to risk investment funds on a promising business venture
Paid-in capital. ____ 5. The amount invested by stockholders
Issued stock. ____ 9. Shares actually sold
Authorized stock. ____ 8. Shares available to sell
Redeemable. ____ 7. Shares can be returned to the corporation at a predetermined price
Cumulative. ____ 2. Shares receive priority for future dividends, if dividends are not paid in a given year
Retained earnings. ____ 6. The earnings not paid out in dividends
Limited liability. ____ 3. Shareholders can lose no more than the amount they invested in the company
Treasury stock. ____ 4. The corporation's own stock that it reacquired
Outstanding stock. ____ 1. Shares held by investors
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