1. Which of the following is
not
a right or attribute of common stock ownership?
2. Which of the terms is not used to identify owners’ equity or stockholders’ equity?
3. Which of the following is not a stockholders’ equity account?
4. Another term frequently used to describe stockholders’ equity is:
5. Which of the following is one of the two generally practiced methods for electing
corporate directors?
6. If a common stock has no par value:
7. When common stock has a par value:
8. The dollar amount of the common stock on the balance sheet of a corporation that has
common stock with a par value is the number of shares:
9. Which of the following is
not
usually a right or attribute of preferred stock?
10. Additional paid-in capital is most likely to appear on the balance sheet of a corporation
that:
11. Retained earnings represents:
12. Preferred stock is used much less than long-term debt in the capital structure of most
industrial and merchandising companies principally because:
13. The annual per share dividend requirement of a 6%, $80 par value preferred stock that
was issued for $85 is:
14. The number of shares of a class of stock that are outstanding is:
15. A stock dividend is similar to a cash dividend in that:
16. Factors that usually affect retained earnings directly include:
17. In comparison to the stockholders’ equity section of a corporation’s balance sheet,
owners’ equity of a proprietorship or partnership:
18. The
declaration
of a cash dividend by the directors results in:
19. In most states, par value of issued shares represents:
20. The term preemptive right pertains to which of the following?
21. Balance sheet disclosures for preferred stock include all of the following except:
22. The declaration date pertains to:
23. Spike Jones owns 56 shares of the Robust Corporation’s stock. Robust announces a 3–
for-2 stock split. How many shares will Fred have after this split?