
What is the number of shares of stock called?
The number of shares of stock that a corporation is given the right to sell is called: authorized stock. The basic unit of stock is called a(n): share Stockholders will be issued ________ physically or electronically. stock certificates Stock that is held by stockholders is called:
Which statement is false if a corporation sells treasury stock?
This statement is false If a corporation sells treasury stock for more than it paid to acquire the stock, it will record a gain that will be shown in the nonoperating section of the income statement. This statement is false Treasury stock is listed as the first account under the stockholders' equity section of the balance sheet.
Which type of stock is held by stockholders called?
stock certificates Stock that is held by stockholders is called: outstanding stock. Authorized capital stock are those shares: listed in the charter. Which of the following business types is largest by number? A) Not-for-profits B) Proprietorships and partnerships C) Corporations D) Government entities B) Proprietorships and partnerships
What determines the demand for a Corporation’s stock?
B) The demand for a corporation's stock is largely based on people's perception of the corporation's profitability in the future. C) Compared to the Standard & Poor's 500 Index, the Dow Jones Industrial Average incorporates the stock prices of a much smaller number of corporations.

What happens if a corporation sells treasury stock?
If a corporation sells treasury stock for more than it paid to acquire the stock, it will record a gain that will be shown in the nonoperating section of the income statement. This statement is. false. Treasury stock is listed as the first account under the stockholders' equity section of the balance sheet.
What is the par value of a stock?
The par value or stated value of stock represents the amount of legal capital that a corporation must maintain for the protection of the creditors. This statement is. true. The book value of a share of stock may be. equal to the market value of the stock. less than the market value of the stock.
How much capital did John Crowe acquire?
During Year 1, Crowe acquired $40,000 of capital from John Crowe, the owner. Also, during Year 1 the company earned net income of $20,000 and John Crowe withdrew $15,000 from the business. Based on this information, the Company would show. A corporation may have issued more shares of stock than it has outstanding.
