Organization And Capital Stock Transactions
What is the Definition of 'Corporation'? A corporation is known as a small business organized as a legal entity separate and distinct from its owners underneath state corporation law. How Did Justice John Marshall Define 'Corporation'? In 1819 Chief Justice John Marshall defined a corporation as "an artificial getting, invisible, intangible, and current only in contemplation of law. What exactly is Book Worth per Share? Book value per share is the ownership or equity a prevalent stockholder has inside the net assets of your corporation. (NOTE: net assets equal the total volume of the stockholders equity section). What are By-Laws? By-laws are the internal rules and regulations that the corporation follows to administer its home business. What's Money Dividend? A cash dividend can be a distribution of earnings by a corporation to its shareholders. What is Typical stock? Widespread stock may be the outstanding stock whenever a corporation has issued only 1 class of stock. What is Cumulative Dividend? Cumulative dividend is really a feature of favored stock that demands that the corporation spend the stockholder the current and also the unpaid prior-year dividends just before common stockholders acquire their dividends. What is Cumulative Preferred Stock? Cumulative favored stock can be a class of preferred stock that has a proper to get New Jordans normal dividends that have been passed (not declared) ahead of any popular stock dividends are paid. What's Nonparticipating Preferred stock? Nonparticipating Favored Stock is a class of preferred stock whose dividend rights are usually limited to a particular quantity. What's No-par Worth Stock? No-par value stock is capital stock which has not been assigned a worth inside the corporate charter. What are Organization Expenses? Organization costs are many different expenses and expenditures incurred within the formation of a corporation. What's Outstanding Stock? Outstanding stock is issued stock which can be in the hands of stockholders. What is Paid-in-Capital?Paid-in-Capital will be the contributed money and also other assets paid by shareholders to a corporation in exchange for capital stock. What's Par Worth? Par value may be the monetary value assigned to a share within the corporate charter. What is Favored Stock? Favored stock is actually a class of stock with preferential rights more than widespread stock. What is new jordans 2012 release dates a Privately Held Corporation? A privately held corporation can be a corporation which has only a couple of stockholders and whose stock just isn't attainable for sale towards the common public. What exactly is a Publicly Held Corporation? A publicly held corporation is really a corporation that might have a number of stockholders and whose stock is traded in organized security markets. What is Retained Earnings? Retained earnings is definitely the account into which the net revenue is transferred in the Income Summary Account. What's Retained Earnings Statement? The Retained Earnings Statement may be a monetary statement that summarizes the changes within the retained earnings of a corporation for s certain time period, that include a month, quarter, or year. What is Stated Worth? Stated worth can be a value similar to par value, authorized by the board of directors of a coporation for no-par stock. What's Stock? Stock may be a certificate of ownership inside a corporation. How do we Define Stockholders? Stockholders would be the owners of a corporation. What is Stockholders' Equity? Stockholders' Equity is definitely the owners' equity inside a corporation; also called 'net assets.' What is Treasury Stock? Treasury Stock may be the corporation's own stock that has been issued and then reacquired from shareholders.