Which One of the Following Terms Best Describes the Information

question 84

Multiple Choice

Which one of the following terms best describes the information you know about a company that will have a significant effect on the price of the company's stock once that information is released?

• A)material public information
• B)public information
• C)abnormal information
• D)private, non-material information
• E)material nonpublic information

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Definitions:

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation, reducing the number of shares outstanding in the market.

Gain On Sale

The profit realized from the sale of an asset, when the selling price exceeds its original purchase price.

Paid-In Capital

Paid-In Capital is the amount of money that shareholders have invested in a company through the purchase of stock, exclusive of earnings retained in the business.

Par Value

The nominal or face value of a bond, share of stock, or other securities, as stated by the issuing company.