Question

27. Listed below are ten terms followed by a list of phrases that describe or characterize the terms. Match each phrase with the best term placing the number designating the term in the space provided.

1. Stock split
2. Retained earnings

3. Stock dividends

4. Statement of stockholders' equity

5. Preferred stock

6. Articles of incorporation

7. Additional paid-in capital
8. Venture capital firms

9. Organization chart 10. Dividends

Provide additional financing, often in the millions,
for a percentage ownership in the company. ____

A mixture of attributes somewhere between common stock and bonds payable. ____

Summarizes the changes in the balance in each stockholders' equity account over a period of time. ____

Traces the line of authority for a typical corporation. ____

The portion of the cash proceeds above par value. ____

A large stock dividend that includes a reduction in the par or stated value per share. ____

Represents all net income, less all dividends, since the company began. ____

Distributions by a corporation to its stockholders. ____

Additional shares of the companies' own stock given to stockholders. ____

Describes the nature of the firm's business activities, the shares to be issued, and the composition of the initial board of directors. ____

Answer 1

Provide additional financing, often in the millions, for a percentage ownership in the company - 8. Venture capital firms

A mixture of attributes somewhere between common stock and bonds payable - 5. Preferred stock

Summarizes the changes in the balance in each stockholders' equity account over a period of time - 4. Statement of stockholders' equity

Traces the line of authority for a typical corporation - 9. Organization chart

The portion of the cash proceeds above par value - 7. Additional paid-in capital

A large stock dividend that includes a reduction in the par or stated value per share - 1. Stock split

Represents all net income, less all dividends, since the company began - 2. Retained earnings

Distributions by a corporation to its stockholders - 10. Dividends

Additional shares of the companies' own stock given to stockholders - 3. Stock dividends

Describes the nature of the firm's business activities, the shares to be issued, and the composition of the initial board of directors - 6. Articles of incorporation