q if a stockholder receives a dividend that
Q. If a stockholder receives a dividend that reduces retained earnings by the fair market value of the stock, the stockholder has received aa. large stock dividend.b. cash dividend.c. contingent dividend.d. small stock dividend
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q if kiner company issues 3000 shares of 5 par value common stock for 70000 the accounta paid-in capital in excess of par value will be credited for
q corporations generally issue stock dividends in order toa increase the market price per shareb exceed stockholders dividend expectationsc increase
q retained earnings is increased by each of the following excepta some disposals of treasury stockb net incomec prior period adjustmentsd all of
q prior period adjustmentsa may only increase retained earningsb may only decrease retained earningsc may either increase or decrease retained
q if a stockholder receives a dividend that reduces retained earnings by the fair market value of the stock the stockholder has received aa large
q andy eggers has invested 150000 in a privately held family corporation the corporation does not do well and must declare bankruptcy what amount
q which of the following is not true of a corporationa it may buy own and sell propertyb it may sue and be suedc the acts of its owners bind the
q dividends in arrears on cumulative preferred stocka are shown in stockholders equity of the balance sheetb must be paid before common stockholders
q a company would not acquire treasury stocka in order to reissue shares to officersb as an asset investmentc in order to increase trading of the
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