Question: For each description, match the term it best matches. The terms are listed here: Authoroized shares Retained earnings Dividend Issued shares Initial public offering Convertible
ed The type of corporation whose shares are traded in an organized security market such as the Toronto Stock Exchange en The maximum number of shares a corporation is allowed to sell The number of shares a corporation has actually sold The first time a corporation's shares are offered to the public The account in a corporation's shareholder's equity that is increased by profits and decreased by losses Shareholders that have the right to receive money from corporation before common shareholders A class of shares that allows preferred shareholders to exchange their shares for common shares A class of shares that allows a corporation to collect unpaid dividends on preferred shares before common shareholders can receive a dividend A distribution of profit made to shareholders
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