Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Share issue cost
A)May be increased when net income increases.
B)A feature of preferred stock.
C)May be reduced when shares are retired.
D)Designed to increase the market value of stock.
E)Reduces the net proceeds from selling shares.

Question

Quizplus · Accepted Answer

Share issue costs are expenses associated with issuing new shares, such as legal, accounting, and underwriting fees, which reduce the net proceeds from the sale of those shares.

Listed Below Are Five Terms Followed by a List of Phrases