FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
the earning per share is computed for:
1-common stock
2- non - redeemable preferred
3- redeemable preferred
4-common stock and non-redeemable preferred stock
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- Indicate the accounts increased or decreased to record the above stock transactions.arrow_forwardThe par value of a stock reflects the most recent market price. is immaterial in the majority of cases. O is selected by the SEC. O is indicative of the worth of the stock.arrow_forwardCompute number of shares outstanding after the stock dividend. Number of shares outstandingarrow_forward
- (18) True or False : Passed dividends on cumulative preferred stock are recorded as a liability.arrow_forwardFor the purpose of calculating earnings per share (EPS), the denominator is:Select one:a. Outstanding ordinary shares at balance date.b. Weighted-average number of the sum fully paid ordinary shares and partly paid equivalents.c. Outstanding ordinary shares at balance date and weighted-average number of fully paid ordinary shares.d. Weighted-average number of fully paid ordinary shares.arrow_forwardstock refers to issued stock that is currently held by stockholders. O Authorized O Outstanding O Market Issuedarrow_forward
- Use the information given to fill out missing boxes correctlyarrow_forwardsharadarrow_forwardWhich 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 %3D b. Issued + Treasury - Authorized C. Authorized + Treasury = Issued d. Issued + Outstanding + Treasury Authorizedarrow_forward
- How do you journalize the issuance of stock at par, t premium, and at discount.arrow_forwardHow are dividends per share for common stock used in the calculation of the following? O A. O B. O c. OD. Dividends per share payout ratio Numerator Numerator Denominator Denominator Earnings per share Numerator Not used Not used Denominatorarrow_forwardWhich of the following would NOT be reported for capital stock in the contributed capital section of a classified balance sheet? Group of answer choices A.Dividends per share B.Shares issued C,Shares outstanding D.Shares authorizedarrow_forward
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