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Common Share Quiz

A stock certificate has a stated value on it. This amount is called the:

Capital surplus usually refers to:

Shares of stock that have been repurchased by the corporation are called

The market value of equity is calculated as:

Suppose that the company sells 1,000,000 additional shares at a price of $5.00 per share, what is the new value of Common Shares account?The equity accounts of ABX Company is as follows:
Common Shares ($1.00 par value)$2,000,000
Additional Paid-in-capital$1,000,000
Retained Earnings$4,000,000
Net Common Equity$7,000,000
 

If you own 1,000 shares of stock and you can cast 5,000 votes for a particular director, then the stock features:

Suppose you own 500 shares of common stock of a firm and there are five directors being elected, what is the maximum number of shares you can cast for a particular director under majority voting?

A grant of authority allowing someone else to vote shares of stock that you own is called a:

A modification to the company charter that requires 75% shareholder approval for a merger is called a(n):

If a default occurs, who is first in line to get paid?

Which of the following statements about REITs is false?

Lenders are considered owners of the firm and thus they usually have voting rights.

A corporation is owned by its

Most companies have:

A convertible bond gives its owner the option to: