Match Each Term with the Appropriate Definition

question 18

Multiple Choice

Match each term with the appropriate definition.Not all definitions will be used.
-Seasoned New Issues

• A)The total number of shares currently owned by stockholders.
• B)The amount above the par value of the stock that owners paid the issuer for the stock.
• C)When employees of a company have the opportunity to buy a company's stock in the future at a fixed price.
• D)The date on which a company determines who receives a dividend.
• E)The date on which a liability is recorded for a dividend.
• F)When a company sells issues of stock after its IPO.
• G)When owners of the company contribute additional capital beyond what they paid for their stock.
• H)When cash or stock dividends are issued according to the proportion of stock owned.
• I)The date on which a company authorizes a dividend payment.
• J)The date on which a company debits dividends payable and credits cash.
• K)Dividends that have not had income tax withheld from them.
• L)The total number of shares the company has sold,whether held by stockholders or by the company.
• M)The accumulation of all the past dividends the company has not paid.
• N)When cash or stock dividends are issued in an equal dollar or share amount per stockholder.

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Definitions:

Fiscal Year

A 12-month period that companies use for accounting purposes and preparing financial reports, which may or may not align with the calendar year.

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Assets

Resources owned or controlled by a business or individual, which are expected to produce future economic benefits.

Liabilities

Financial obligations or debts owed by a business or individual to others, which must be paid in the future.