need some help with accounting definitions and terms Limited liability, ability to raise...
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Accounting
need some help with accounting definitions and terms
Limited liability, ability to raise capital, & continuous life. Board of directors needs to declare, need to have adequate retained earnings, & adequate cash Double taxation, greater administrative burden and costs. Increase EPS and stock price, reissue under bonus and stock compensation plans, use to acquire other companies, or prevent hostile takeover. Value assigned each share of stock per the corporate charter (historically determined capital kept in business to protect creditors). Right to maintain ownership percentage if new stock issued. Number of shares currently held by stockholders. Total number of shares the corporation has sold includes treasury stock) Maximum amount of stock a corporation is allowed to issue(sell) per the corporate charter Amount per share assigned by the board ofdirectors to no-par stock Account used when receive more than par value at stock issuance. Distribution to stockholders on a pro rata basis. et dividends before common stockholders, may have cumulative dividend rights, but can't vote for board of directors or corporate resolutions. Shows market's expectation ofgrowth (valuation ratio)
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