38) Match each of the following items with the appropriate definition. Each item is to be used only once.
a.additional paid-in capital
b.preferred stock
c.payment date
d.capital stock
e.dividends in arrears
f.treasury stock
g.contributed capital
h.cumulative preferred stock
i.noncumulative preferred stock
______ 1. Type of corporate stock that has preference rights over common stock
______ 2. Preferred stock that is not entitled to receive past, unpaid dividends
______ 3. Owners’ contributions to a firm
______ 4. Shares of ownership in a corporation
______ 5. The excess over par value received by a corporation when it issues stock
______ 6. Stock of a corporation that has been issued and has been repurchased by the issuing corporation
______ 7. Date when cash dividends are actually paid to shareholders of a corporation
______ 8. Stock on which the fixed dividend amount accumulates from year to year; the entire amount of all past unpaid dividends must be paid to the preferred shareholders before any dividends can be paid to the common shareholders
______ 9. Any dividends owed to the preferred shareholders from past years that were not declared and are currently unpaid