Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key


Play button


Play button




Click to flip

31 Cards in this Set

  • Front
  • Back
Appropriated retained earning
retained earnings seperately reported to inform stockholders of funding needs.
Authorized stock
total stocks that corporations charter declares to issue
basic income per share
net income less any preferred dividedends and then divided by weighted average common shares outstanding
book value per common share
recommended amount of equity applicable to common shares divided by number of common shares outstanding
call price
amount that must be paid to call and retire a callable prefeered stock or acallable bond
callable preferred stock
preferred stock that the issuing corporation option may retire by paying the call price plus any dividends in arrears
common stock
basic ownership of share also called capital stock
convertible preferred stock
preferred stock with an option to exchange it for common at a special rate
cumilative preferred stock
undeclared dividends accumlated until paid common stock holders cannont recieve dividends until cumilative dividends are paid
date of declaration
date of directors decide to pay a dividend
date of payment
date the corporation declares to make payment
date of record
directors specify for identifying which stockholders receive dividends
discount stocks
difference between the par value of stock and its issue price when issued at a price below par value
dividends in arrears
unpaid dividend on cumilative preffered stock, must be issue price when issued at a price below par value
dividends yield
ratios of the annual cash dividends distributed to common shares of holders reative to stock market value price
earning per share
amount of income earned by each share of a company outstanding common stock
large stock dividend
stock dividends amount more than 25% of the previously outstanding shares
market value pershare
price at which stock is bought or sold
minumum legal capital
amount of assets defined by law that stockholders must invest in a corporation
non cumilative preferred stock
preferred stock on which he right to receive dividends is lost for any period when dividends are not declared
non participating preferred stock
preferred stock on which dividend are limited to a maximum amount each year
no par value
sotkc class that has not been assigned a par or stated value by corporative charters
paid in capital in excess of par value
amount recieved of stock that is in excess of stocks par value
participating preferred stock
preferred stock that shares with common shareholders any dividends paid increase of the percent stated on preferred stock
price earning ratios
ratios of a company cannot market share value per shareto its earning per share
giving a stockholders agent the right to vote
retained earnings
cumilative income less cumilative losses and dividends retained earnings deficit debit abnormal balance in retained earnings
reverse stock split
occurs when a corporation call in its stock and replaces each share with less that one new share
stated value stock
no par share assigned a stated value per share this amount is recorded when the stock is issued
stock split
when a corp calls in its sotck and replaces each share with more than one new share. decrease both market and value per share and par or state value per share
treasury stock
corporations own stock that is required and still holds