Match the Appropriate Key Term with the Correct Definition Below

question 93

Short Answer

Match the appropriate key term with the correct definition below.
______ 1) investors listed on the stockholders' ledger will receive dividends
______ 2) not enough cash to pay a dividend, a promissory note is issued
______ 3) common stock outstanding and possibly nonconvertible preferred stock
______ 4) It is the assumption that all convertible stocks or bonds have been converted into common stock at the beginning of the earliest reporting period
______ 5) negative retained earnings
______ 6) return of capital rather than a distribution of earnings
______ 7) stock stops selling with dividends attached
______ 8) unavailable for dividends

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Definitions:

Smart Phone

A mobile phone offering advanced features beyond making calls and sending text messages, including internet access and various apps.

Breaches Contract

Occurs when one party fails to fulfill its obligations under the contract, violating the agreement.

Resale Value

The estimated amount for which an item or asset can be sold again in the future, often considered in the context of automobiles, electronics, and real estate.

Sue

This is a legal term referring to the act of bringing a lawsuit against another party in a court of law.