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1

The total amount of shares that a corporation's charter authorizes it to sell is called shares.
2

The amount that must be paid to call and retire a preferred share is called the price.
3

(CALLABLE, CONVERTIBLE, or CUMULATIVE) is the type of preferred share for which the issuing corporation, at its option, may retire by paying a specified amount to the preferred shareholders plus any dividends in arrears.
4

(CALLABLE, CONVERTIBLE, or CUMULATIVE) is the type of preferred share that gives holders the option of exchanging their preferred shares into common shares at a specified rate.
5

(CALLABLE, CONVERTIBLE, or CUMULATIVE) is the type of preferred shares for which undeclared dividends accumulate until they are paid.
6

The general term referring to a corporation's shares used in obtaining its capital (owner financing) is stock.
7

shares are the shares of a corporation that have only one class of shares.
8

An unpaid dividend on cumulative preferred shares is called a dividend in .
9

Financial is the achievement of an increased return on common shares by paying dividends on preferred shares or interest on debt at a rate that is less than the rate of return earned with the assets invested in the corporation by the preferred shareholders or creditors.
10

(NONCUMULATIVE or NONPARTICIPATING) is the type of preferred stock for which the right to receive dividends is lost for any year that the dividends are not declared.
11

costs are the costs of bringing a corporation into existence.
12

Preferred shares with a feature that allows preferred shareholders to share with common shareholders in any dividends paid in excess of the percent stated on the preferred share are called preferred shares.
13

An arbitrary value assigned to a share of stock by the corporation is called value.
14

The right of common shareholders to protect their proportionate ownership in a corporation by having the first opportunity to buy additional common shares issued by the corporation is called a right.
15

A shareholder who does not attend a shareholder's meeting can exercise voting rights at the meeting through the issuance of a .
16

The equity of a corporation, also called corporate capital, is called ' equity.
17

The three dates associated with a cash dividend are the date of declaration, the date of record, and the date of .
18

A arises when a corporation has a debit (abnormal) balance for retained earnings.
19

The cumulative net income less losses and dividends, retained by a corporation, is called .
20

(Preferred or Common) shareholders have priority status in one or more ways, such as the payment of dividends or the distribution of assets on liquidation.
21

To means that a brokerage house buys the shares from the corporation and takes all gains or losses from its resale to shareholders.
22

is a financial statement unique to the corporate form of organization .







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