Chapter 11 Flashcards
Board of directors
People elected by common stockholders to direct things in a corporation
Book value per share
stockholders equity/# of common shares outstanding
Capital stock
Broad name that describes both common and preferred stock
Closely held corporation
Corp owned by a small number of stockholders. Not publicly owned
Common stock
Posses the basic rights of ownership in addition to the right to vote
Contributed capital
The part of the stockholders equity that results from investors trading capital for stock. This is another name for paid in capital
Corporation
An organized legal entity separate from its owners. Ownership divided into shares of stock and the owners are not liable for debts
Dividend yield
Annual dividend paid to a share of stock represented by a percentage of the stocks market value
Additional paid in capital
The money in excess of par made from the sale of stock
