When a stockholder contributes land to a corporation in exchange for stock,OA. assets and liabilities are increasedO B. one asset is increased, and another asset is decreasedOC. liabilities and stockholders' equity are increasedOD. assets and stockholders' equity are increased

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Similar questions

Which one of the following is the ultimate objective of modern financial management for a corporation? Earnings maximization Earnings per share maximization Share value maximization Return on assets (ROA) maximization
Which refers to any person who owns at least one share of stock in corporation? a. Stockholder b. Seller c. Customer d. Card holder
Topic: Capital Raising for Corporations Explain the following in a simple way for me to easyly understand Equity Issued as Compensation: Stock Options Debt Financing Principles of Liability Recognition Principles of Liability Valuation
(Multiple Choice) A corporation can only pay dividends to shareholders from its: 1. Legal Capital 2. Authorized Shares 3. Retained Earnings 4. Contributed Capital 5. Share Capital
The cost of equity is the rate associated with what the shareholders expect the corporation to earn in order for that shareholder to maintain ownership in the company. True / False
For a corporation, equity capital comes in two forms. What are they?
The following are a list of terms. ______ 1) Additional paid in capital ______ 2) Authorized capital stock ______ 3) Legal capital ______ 4) Preemptive right ______ 5) Registrar ______ 6) Stated value ______ 7) Subscribed capital stock ______ 8) Transfer agent ______ 9) Treasury stock ______ 10) Voting right Required:Match the following definition with the terms listed above. a) Installment purchase contract with an investor. b) An independent party hired to handle the stock issuance. c) Maintains the shareholders records. d) The ability to elect directors. e) Maintains a proportionate share of ownership. f) Shares authorized by state charter. g) Stocks that were issued and reacquired by the corporation. h) To protect the corporations creditors. i) No-par value j) The excess received is recorded in this account.
Each stockholder in a corporation has a separate capital account in the stockholders' equity section of the balance sheet Select one: True False
The right of a shareholder to share proportionally in any new stock issue is called a/an ____________ right. Select one: a. coattail b. preemptive c. indenture d. secured e. charter
It is the share of profits and retained earnings that a company pays out to its shareholders. * O Net income Dividends O Preferred shares O Ordinary shares
Matching Type. Choose the correct answer in the box provided. It entitles an employee to receive cash which is equal to the excess of market value of the entity's share over a pre-determined price for a stated number of shares. * These are actually deferred cash dividends. * It is a kind of appropriation for retained earnings supported by the trust fund doctrine. *
A shareholder in a company: Select one: a. holds an ownership interest in the company. b. is entitled, but not guaranteed a distribution of the profit known as a dividend. c. in case of company liquidation, rank last in receiving the money they invested. d. all of the above are correct.

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When a stockholder contributes land to a corporation in exchange for stock, OA. assets and liabilities are increased OB. one asset is increased, and another asset is decreased OC. liabilities and stockholders' equity are increased OD. assets and stockholders' equity are increased