:Retained earnings .Equal total stockholders' equity less treasury stock at the end of the period A .Refer to the amount shareholders are guaranteed to receive during company liquidation .B .Equal comulative net income less any net losses and dividends declared.C .Represent the amount of cash available to pay shareholders.D

:Retained earnings .Equal total stockholders' equity less treasury stock at the end of the period A .Refer to the amount shareholders are guaranteed to receive during company liquidation .B .Equal comulative net income less any net losses and dividends declared.C .Represent the amount of cash available to pay shareholders.D

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Alpha declared and issued a stock dividend. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows: A. Financing activities section B. Operating activities section C. Does not represent a cash flow D. Investing activities section E. None of the above
36 - In which financial statement are the incomes that cause an increase in equity and expenses that cause a decrease in equity? a) Balance B) Profit Distribution Table NS) Income statement D) Equity Changes Table TO) Cash Flow Statement
Prepare a classied balanced sheet in good form 1. Common Stock 2. Discountedd on Bonds Payable 3. Treasury Stock (at cost) 4. Notes Payable (short-term) 5. Raw Materials 6. Prefered Stock Investments (long-term) 7. Unearned Rent Revenue 8. Work in Process. 9. Copyrights 10. Buildings 11. Notes Recievable (short-term). 12. Cash. 13. Salaries and Wages Payable. 14. Accummlated Depreciation--Buildings 15. Restricted Cash for Plant Expansion 16. Land Held for Future Plant Site 17. Allowance for Doubtful Accounts 18. Retained Earnings 19. Paid-in capitial in Excess of Par -Common Stock 20. Unearned Subscriptions Revenue 21. Receivables--Officers (due in one year) 22. Inventory (finished goods) 23. Accounts Receivable 24. Bonds Payable (due in 4 years) 25. Noncontrolling Interest
d. mutual agency for stockholders 20. Stockholders' equity a. is usually equal to cash on hand b. is shown on the income statement c. includes paid-in capital and liabilities d. includes retained earnings and paid-in capita blec bise
i) Central to the previous calculations of company valuations are the payment of dividends. The following terms relating to dividend payment chronology. Define each term in a single sentence • Ex-dividend date• Record date • Declaration date• Payment date • Cum-dividend period ii) Give two reasons why a company my distribute cash to shareholders via a buyback rather than a dividend
The stockholders' equity will be reduced by all of the following except a.dividends b.expenses c.revenues d.all of these
When a corporation declares a cash dividend, the entry include a a. debit to net incomeb. credit to Additional Pain In Capitalc. debit to Retained Earningsd. credit to Cash
Contrast the effects of a (a) cash dividend, (b) stock dividend, and (c) stock split on a company's (1) assets, (2) liabilities, (3) share capital, (4) retained earnings, (5) total shareholders' equity, and (6) number of shares. (a) Cash dividend (b) Stock dividend (c) Stock split (1) Assets Decrease Increase No effect (2) Liabilities (3) Share capital (4) Retained earnings (5) Total shareholders' equity (6) Number of shares
Janzen Company recorded employee salaries earned but not yet paid. Which of the following represents the effect of this transaction on the horizontal financial statements model? A. B. C. D. Assets + Balance Sheet Liabilities + + + Multiple Choice Option B Option A Option C Option D + Stockholders' Equity Income Statement Revenue + - Expense = + + + Net income + Statement of Cash Flows -Operating Activity -Investing Activity
Owner’s equity represents which of the following? a. the total of retained earnings plus paid-in capital b. the sum of the retained earnings and accounts receivable account balances c. the business owner’s/owners’ share of the company, also known as net worth or net assets d. the amount of funding the company has from issuing bonds
The shareholders of the company gets share in the profit. This distribution of profit is called as a. Dividends b. Expense. c. Investment. d. Retained earnings
Retained earnings a. Is unique to the corporate form of business b. Is closed at the end of year c. Reflects cash paid in by shareholders to date d. All of the choices