Chapter $10$ Homework

Submit your answers in CANVAS before it is due

Match the following terms with their definitions $($not every letter is used$)$

Outstanding stock

Paid$-$in Capital

Authorized stock

Treasury stock

Issued stock

a$.$ The earnings not paid out in dividends.

b$.$ Shareholders can lose no more than the amount they invested in the company.

c$.$ The corporation's own stock that is reacquired.

d$.$ The amount invested by stockholders.

e$.$ Total number of shares available to sell.

f$.$ Shares can be returned to the corporation at a predetermined price.

g$.$ Shares held by investors.

h$.$ Shares receive priority for future dividends, if dividends are not paid in a given year.

i$.$ Shares actually sold.