Authorized registered capital represents a. Number of shares that shareholders have subscribed for at the issue of shares b. The maximal number of shares joint stock company which could be soldc c . Registered capital recorded in companies register d. The sum of minimal values of shares that was really paid by sha

Authorized registered capital represents a. Number of shares that shareholders have subscribed for at the issue of shares b. The maximal number of shares joint stock company which could be soldc c . Registered capital recorded in companies register d. The sum of minimal values of shares that was really paid by sha

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 3MCQ: Authorized stock represents the: number of shares that are currently held by stockholders. number of...

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The authorised share capital of a limited company is the: A. amount of shares issued to shareholdersB. amount paid for shares by the shareholdersC. maximum amount of shares that can be issuedD. minimum amount of shares that can be issued
From page 10-1 of the VLN, what is the difference between issued shares and outstanding shares? A. Authorized shares. B. Unissued share. C. Treasury shares. D. There is no difference between issued shares and outstanding shares.
3. Authorized shares represent the a.number of shares that have been sold. b.number of shares that are currently held by shareholders. c.number of shares that have been repurchased by the corporation. d.maximum number of shares that can be issued.
From page 10-2 of the VLN, the common stock account amount is determined Group of answer choices A. Par value x issued shares B. Par value x outstanding shares C. Par value x authorized shares D. Par value x unissued shares
Outstanding shares are the a. Number of shares that have been distributed to shareholders b. Total number of shares that can be issued by the corporation at any time c. Number of shares that are owned by shareholders at the balance sheet date d. Number of shares the corporation has repurchased.
Treasury shares represent the ______________________ a. Number of previously issued shares that have been repurchased by the corporation. b. Number of shares that are currently held by shareholders c. Number of shares that the corporation sold d. Maximum number of shares that the corporation can sell
From page 10-1 of the VLN, when a company sells shares of stock, those shares of stock are said to be: Group of answer choices A. Authorized shares B. Issued shares C. Outstanding shares D. Treasury shares
Match each of the following terms with the appropriate definition. A document that gives a designated agent the right to vote a stockholder's shares of stock. The date specified by corporation directors for identifying stockholders to receive dividends. The date on which the directors vote to pay a cash dividend. The ratio of a company's current market value per share to its net income per share. Occurs when a corporation calls in its stock and replaces cach 1. Dividend Yield share with more than one 2. Reverse Stock Split new share; decreases both the market value per share and the par or stated value per share. 3. Convertible Preferred Stock 4. Price-Earnings Ratio Net income less preferred dividends divided by weighted-average 5. Date of Record common shares 6. Proxy outstanding. 7. Stock Split Stock that gives its holders the option to exchange their shares for common shares at a specified rate. 8. Basic Earnings per Share 9. Cumulative Preferred Stock Stock that has a right to be…
The peso equity in corporate capital for each share capital owned by a shareholder is known as? Question options: a. book value per share b. dividends per share c. earnings per share d. none of these
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When shares are issued fully payable on application, the journal entries to record the issue and allotment (assuming the minimum subscription is reached) are: Select one: a. Dr Cash Trust Cr Application Dr Cash Cr Cash trust b. Dr Cash Cr Application Dr Application Cr Share Capital c. Dr Cash Trust Cr Application Dr Application Cr Share capital Dr Cash Cr Cash Trust d. Dr Cash Cr Allotment Dr Allotment Cr Share capital
Question 1What is the accounting treatment of the direct issue costs of shares of stocks?O Debit to the related share premiuin during organization stage and operating stageDebit to organizational cost during the organization stageDebit to revenue expenditure during the operating stageDebit to accumulated expenses during the operating stageDQuestion 2What is the total number of shares that a corporation may issue under its charter?O Authorized sharesIssued shareso Unissued sharesO Treasury sharesEQuestion 3In case shares are issued for outstanding liabilities, what is the measure of recording share capital and share premium?O Par value of the shares issuedAmount of liabilities set-offFair value of the shares issuedBook value of the shares issued