Select the Letter of the Term Each Statement Best Describes

question 152

Multiple Choice

Select the letter of the term each statement best describes.
-The amount received for the issuance of stock in excess of the par value of the stock.

• A)authorized shares
• B)issued shares
• C)outstanding shares
• D)par value
• E)additional paid-in capital
• F)retained earnings
• G)cumulative feature
• H)participating feature
• I)callable stock
• J)treasury stock
• K)retirement of stock
• L)dividend payout ratio
• M)stock dividend
• N)stock split
• O)market value per share
• P)convertible stock
• Q)book value per share

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Definitions:

Bit

The smallest unit of data in computing, representing a binary value of either 0 or 1.

Byte

The basic unit of data storage in computing and digital communications that most commonly consists of eight bits.

Field

A characteristic of interest that describes an entity.

Primary Key

A field (or attribute) of a record that uniquely identifies that record so that it can be retrieved, updated, and sorted.