Match the Items Below by Entering the Appropriate Code Letter

question 133

Short Answer

Match the items below by entering the appropriate code letter in the space provided.
A. Authorized shares
B. Dividends
C. Redeemable Preferred Shares
D. Share capital
E. Retained earnings
F. Noncumulative feature
G. Issued shares
H. Declaration date
I. Return on equity
J. Cumulative feature
___ 1. Total number of each class of shares a corporation is allowed to sell.
___ 2. A distribution of cash or shares by a corporation to its shareholders on a pro rata basis
___ 3. The number of shares that have been sold by the corporation.
___ 4. Preferred shareholders have a right to receive current and unpaid prior-year dividends before common shareholders receive any dividends.
___ 5. Allow the issuing corporation to buy back its own shares at specified future dates and prices.
___ 6. In a year when dividends are NOT declared, dividends for that year are lost to shareholders.
___ 7. Profit retained in the corporation
___ 8. The date when the board of directors formally declares a dividend and announces it to the shareholders.
___ 9. Ratio used to measure a firm's profitability and efficiency
___ 10. Amount paid or contributed to the corporation by a shareholder in exchange of shares of ownership.

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Definitions:

Responsibility for Loss

The obligation to bear the financial or material loss suffered due to specific actions, negligence, or unforeseen events.

Premium

The amount paid for an insurance policy or the additional amount above the nominal value of a security or investment.

Motorcycle Gang

An organized group of motorcyclists who may partake in activities ranging from community events to illegal operations.

Insurance Company

An organization that provides insurance policies to subscribers, covering a range of risks in exchange for premiums.