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Preoperational children are able to juggle multiple aspects of a problem at the same time, thus correcting the centration that is seen in the sensorimotor stage.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders.
Treasury Stock
Shares that were issued and subsequently repurchased by the issuing company, reducing the amount of outstanding stock on the open market.
Financial Statements
Reports that provide an overview of a company's financial condition, including balance sheet, income statement, and cash flow statement.
Paid-In Capital
Funds raised by a company through the sale of its own shares.
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