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Mujtaba Ahmed
on Nov 13, 2024

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A class of stock having first rights to dividends of a corporation

A) Authorized shares
B) Issued shares
C) Outstanding shares
D) Par value
E) Common stock
F) Preferred stock
G) Paid-In Capital in Excess of Par
H) Transfer agent

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, typically with predetermined dividend payments.

Dividends

Dividends are distributions of a portion of a company's earnings decided by the board of directors to its shareholders.

Authorized Shares

The maximum number of shares that a corporation is legally permitted to issue, as stated in its articles of incorporation.

  • Distinguish between common stock, preferred stock, and other equity items and their characteristics.
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Kaitlyn SmithNov 17, 2024
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