Short Answer
Match the vocabulary items to the appropriate blanks in the following sentences.
_________________ are the maximum number of shares of stock a company can sell; this is set by the company _________________._________________ are the shares the company has put in circulation; they consist of the _________________ plus the _________________,the latter of which are the result of _________________._________________ are paid when a company distributes a share of profits to shareholders based on the number of shares they own on a ________________ basis._________________ shareholders have seniority in payment over _________________ shareholders.
A.treasury shares
B.dividends
C.pro rata
D.stock repurchases
E.preferred
F.authorized shares of stock
G.outstanding shares
H.charter
I.common
J.issued shares of stock
Correct Answer:

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F; H; J; G...View Answer
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