The outstanding capital stock  is the portion of the capital stock issued and held by persons other than the corporation itself.Group of answer choicesTrueFalse

A corporation may have issued more shares of stock than it has outstanding. This statement is

Subscribed capital stock is the amount of the capital stock subscribed, whether fully paid or not.Group of answer choicesTrueFalse

Shares that were previously issued to and owned by stockholders but have been reacquired and now held by the corporation are called Stock. (Enter one word per blank.)

Stockholders’ equity consists of which of the following?Multiple ChoiceLong-term assets.Paid-in (or contributed) capital and retained earnings.Paid-in (or contributed) capital and par value.Retained earnings and cash.Premiums and discounts.

Stockholders, or owners' equity represents ______.Multiple choice question.the value of the corporate stock on the marketthe amount the owners owe in debtthe value of the business that belongs to ownersthe total value of what a business owns