Term
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Definition
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Term
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Definition
| the number of shares a corporation is allowed to sell |
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Term
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Definition
| corporation can sell stock directly or indirectly; directly- advertises its stock issuance to potential buyers; indirectly- corporation pays brokerage house to issue its stock |
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Term
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Definition
| corporation's stock held by its shareholders |
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Term
| date of declaration (cash dividend) |
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Definition
| the date directors vote to declare and pay a dividend; liability goes up and equity goes down |
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Term
| date of payment (cash dividend) |
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Definition
| the date the corporation makes payment; assets goes up and liability goes down |
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Term
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Definition
| corporation's basic ownership share |
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Term
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Definition
| priority status over common stockholders |
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Term
| earnings per share formula |
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Definition
| (net income - preferred dividends)/ # of outstanding shares |
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Term
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Definition
| entity created by law that is seperate from its owners |
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Term
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Definition
| separate legal entity, limited liability, transferable ownership rights, continuous life |
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Term
| corporation's disadvantages |
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Definition
| government regulation, corporate taxations |
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Term
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Definition
| the least amount that buyers of stock must contribute to the corporation or be subject to paying at a future date |
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Term
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Definition
| an amount assigned per share by the corporation in its charter |
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Term
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Definition
| no-par stock to which the directors assigned a "stated" value per share |
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Term
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Definition
| cumulative income (and loss) not distributed as dividends |
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Term
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Definition
| amount assigned per share by the corporation in its charter |
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Term
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Definition
| no-par stock to which the directors assigned a "stated" value per share |
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Term
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Definition
| price at which a stock is bought and sold |
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Term
| statement of retained earnings |
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Definition
| consists of company's net income less any net losses and dividends declared since its inception |
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Term
| statement of stockholder's equity |
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Definition
| lists the beginning and ending balances of key equity accounts and describes changes that occur in the period |
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Term
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Definition
| distribution of additional shares of corporation's own stock to its stockholders |
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Term
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Definition
| distribution of 25% or less of previously outstanding shares |
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Term
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Definition
| distribution of more than 25% of previously outstanding shares |
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Term
| stock dividend effects on the accounts |
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Definition
| only effects equity account for either small or large dividends |
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Term
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Definition
| distribution of additional shares to stockholders according to their percent ownership |
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Term
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Definition
| corporations required shares |
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Term
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Definition
| number of shares (%of outstanding shares) x market price of shares |
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