7 Key Term 27 (5 points) Match the key term to the definition Definition a. The maximum number of shares of stock that the corporate charter allows the corporation Stock certificate to issue Stock that gives its owners advantages over Preemptive right common stockholders c. Stockholders' rights to maintain their pro- Authorized stock portionate ownership in the corporation d. Represents amounts received from stock Preferred stock holders of a corporation in exchange for stock e Paper evidence of ownership in a corporation Paid-in capital 28 (4 points) Given the following information from the time value of money tables for n4 and 3%: PV of $1 - 0.888 FV of S1 - 1.126 PV of an ordinary annuity of $1 - 3.717 FV of an ordinary annuity of $1 - 4.184 You wish to have $90,000 in 4 years and can earn an annual interest of 3%, how much do you invest today to achieve your goal? a. $79,920 b. $101,340 C $41,410 d. $86,490 29 (4 points) On 03/01, Wismer Corporation declared a $1 per share dividend on its common stock (18,000 shares) for stockholders of record as of 03/15. Wismer paid the dividend on 03/31. Journalize the entries on the date of declaration, the date of record, and the date of payment. Debit Credit