Term
| Additional Paid-In Capital |
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Definition
| The paid-in capital in excess of par plus other accounts combined for reporting on the balance sheet. (AKA: Paid-in capital in excess of par. |
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Definition
| A preferred stock dividend is in arrears if the cumuloative dividend has not been paid for the year. |
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Definition
| Provision in a corporate charter that gives the state's permission for the corporation to issue-that is, to sell-a certain maximum number of shares of stock |
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Term
| Book Value per Share of Stock |
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Definition
| Amound of owners' equity on the company's books for each share of its stock. |
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Definition
| Represents that individual's ownership of the corporation's capital. |
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Term
| Cumulative Preferred Stock |
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Definition
| Preferred Stock whose owners must receive all the dividends in arrears before the corporation pays dividends to the common stockholders. |
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Definition
| Debit balance in the Retained earnings account |
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Definition
| The price the stock initially sells for the first time it is sold |
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Definition
| The portion of stockholders' equity that cannot be used for dividends |
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Definition
| The amound guarenteed to the preferred shareholders in the event a company liquidates |
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Definition
| Price for which a person could buy or sell a share of stock |
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Definition
| No arbitrary amount(par) is assigned by a company to share of its stock |
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Definition
| Issued stock in the hands of stockholders |
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Definition
| Arbitrary amount assigned by a company to share of its stock |
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Definition
| Stock that gives its owners certain advantages over common stockholders, such as the right to receive dividends before the common stockholders and the right to receive assets before the common stockholders if the coporation liquidates |
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Definition
| The amount above par at which a stock is issued |
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Term
| Rate of Return on Common Stockholders' Equity |
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Definition
Net income - preferred dividends
Average common stockholders' equity
A measure of profitability...AKA: return on equity |
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Term
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Definition
| Portions into which the owners' equity of a corporation is divided |
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Term
| Rate of Return on Total Assets |
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Definition
Net income + interest expense
Average total assets
Measures the success a company has in using its assets to earn income for those fnancing the business...AKA return on assets |
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Definition
| An arbitrary amount that accountants treat as though it were par value |
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Term
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Definition
| Paper evidencing ownership in a corporation |
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Term
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Definition
| A firm, such as Morgan Stanley, that usually agrees to buy all the stock a company wants to issue if the firm cannot sell all of the stock to its clients |
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