H1.Account A stock split does not apply toa. treasury shares.O b. issued shares.c. preferred shares.O d. common shares.

Stock split increases the number of shares outstanding by reducing its par value and by splitting…

Answered: A stock split does not apply to a.…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 39MCQ: Which of the following are not part of common equity? a. preferred stock c. retained earnings b....

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Similar questions

Earnings per share is computed on a. ordinary shares onlyb. preference shares onlyc. both ordinary and preference sharesd. neither ordinary nor preference shares
Which of the following formulas is correct regarding the different status of shares of stock: authorized shares, issued shares, outstanding shares, and treasury shares? a. Issued – Treasury = Outstanding b. Issued + Treasury = Authorized c. Authorized + Treasury = Issued d. Issued + Outstanding + Treasury = Authorized
Preferred stock is least likely to have which of the following characteristics?a. Preference as to assets on liquidation of the corporationb. The right of the holder to convert the shares to common stockc. Preference as to votingd. Preference as to dividends
Preferred stock: a. Is always recorded as a liability. b. Is always recorded as part of stockholders’ equity. c. Can have features of both liabilities and stockholders’ equity. d. Is not included in either liabilities or stockholders’ equity.
Which of the following does not appear under the heading: Capital and reserves in a company balance sheet? A. Ordinary share capital B. Debentures C. Share premium account D. Non- voting shares.
Which of the following are not part of common equity? a. preferred stock c. retained earnings b. common stock d. treasury stock
Which of the following is not a characteristic that sets preferred stock apart from common stock? A. voting rights B. dividend payments C. transferability D. ownership
What amount of the proceeds from the issuance of no-par, no-stated-value stock is recorded in the Capital Stock account?
Which of the following is true of a stock dividend? A. It is a liability. B. The decision to issue a stock dividend resides with shareholders. C. It does not affect total equity but transfers amounts between equity components. D. It creates a cash reserve for shareholders.
Which of the following does not represent a pair of GAAP/IFRS-comparable terms? a. Additional paid-in capital/Share premium. b. Treasury stock/Repurchase reserve. c. Common stock/Share capital—ordinary. d. Preferred stock/Preference shares.
Which of the following statements is true when dividends are not declared on cumulative preferred stock? Select one: O a. The undeclared dividends are accrued as a liability. O b. The shareholders must be allowed to convert their shares to common stock. Oc. The undeclared dividends accrue interest until paid. d. The undeclared dividends are disclosed in a note to the financial statements. Clear my choice
A stock split will cause a change in which of the following items? Cash Common stock The number of outstanding shares None of the above

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A stock split does not apply to a. treasury shares. O b. issued shares. c. preferred shares. d. common shares.