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Showing posts with label Accounting. Show all posts
Showing posts with label Accounting. Show all posts
Monday, January 18, 2021

A company currently has 200,000 shares issued and 190,000 shares outstanding. If the company purchases 20,000 shares

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A company currently has 200,000 shares issued and 190,000 shares outstanding. If the company purchases 20,000 shares of treasury stock, what...

The purchase of treasury stock can boost earnings per share by:

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The purchase of treasury stock can boost earnings per share by: A) Increasing the number of shares outstanding. B) Increasing profits. C) Re...

What would be the impact on the accounting equation when a company acquires treasury stock?

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What would be the impact on the accounting equation when a company acquires treasury stock? A) Increase assets and increase stockholders...

When an investment is made in another corporation's common stock, what is the effect on total stockholders' equity?

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When an investment is made in another corporation's common stock, what is the effect on total stockholders' equity? A) Decrease. B) ...

A company issued 1,000 shares of $1 par value preferred stock for $5 per share. What is true about the journal entry to record the issuance?

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A company issued 1,000 shares of $1 par value preferred stock for $5 per share. What is true about the journal entry to record the issuance?...

Hayes Corporation issues 100 shares of its $1 par value common stock for $15 per share. The entry to record the issuance will not include a:

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Hayes Corporation issues 100 shares of its $1 par value common stock for $15 per share. The entry to record the issuance will not include a:...

Wright Inc. issued 20,000 shares of $1 par value common stock for $80,000. The journal entry to record this issuance includes a:

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Wright Inc. issued 20,000 shares of $1 par value common stock for $80,000. The journal entry to record this issuance includes a: A) Credit t...

South Beach Apparel issued 10,000 shares of $1 par value stock for $5 per share. What is true about the journal entry to record the issuance?

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South Beach Apparel issued 10,000 shares of $1 par value stock for $5 per share. What is true about the journal entry to record the issuance...

If a company issues 1,000 shares of $1 par value common stock for $20 per share, what would be the effect on the accounting equation?

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If a company issues 1,000 shares of $1 par value common stock for $20 per share, what would be the effect on the accounting equation? A) Inc...

If a company issues 1,000 shares of $1 par value common stock for $20 per share, which of the following accounts would be credited?

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If a company issues 1,000 shares of $1 par value common stock for $20 per share, which of the following accounts would be credited? A) Treas...

Advantages of the corporate form of business include which of the following?

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Advantages of the corporate form of business include which of the following? I. Double taxation II. Ability to raise capital III. Ability to...

All publicly held corporations are regulated by what government organization?

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All publicly held corporations are regulated by what government organization? A) The Financial Accounting Standards Board. B) The Commission...

Which of the following stages of equity financing comes last in the traditional order of progression?

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Which of the following stages of equity financing comes last in the traditional order of progression? A) Investment by friends and family of...

Which of the following stages of equity financing comes first in the traditional order of progression?

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Which of the following stages of equity financing comes first in the traditional order of progression? A) Investment by friends and family o...

A company's balance sheet reports total liabilities of $2,000,000. The debt to equity ratio is 2.5. What is the company's stockholders' equity?

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A company's balance sheet reports total liabilities of $2,000,000. The debt to equity ratio is 2.5. What is the company's stockholde...

A company reports net income of $250,000. The return on assets for the year is 20%. What is the company's average total assets for the year?

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A company reports net income of $250,000. The return on assets for the year is 20%. What is the company's average total assets for the y...

A company's balance sheet reports stockholders' equity of $400,000, total liabilities of $600,000, and total assets of $1,000,000. What is the company's debt to equity ratio?

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A company's balance sheet reports stockholders' equity of $400,000, total liabilities of $600,000, and total assets of $1,000,000. W...

Underwater Experiences issues a bond due in 5 years with a stated interest rate of 6% and a face value of $100,000. Interest payments are made semi-annually

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Underwater Experiences issues a bond due in 5 years with a stated interest rate of 6% and a face value of $100,000. Interest payments are ma...

Underwater Experiences issues a bond due in 5 years with a stated interest rate of 6% and a face value of $100,000. Interest payments are made semi-annually.

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Underwater Experiences issues a bond due in 5 years with a stated interest rate of 6% and a face value of $100,000. Interest payments are ma...

Mountain Excursions issues a bond due in 10 years with a stated interest rate of 7% and a face value of $200,000. Interest payments are made semi-annually.

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Mountain Excursions issues a bond due in 10 years with a stated interest rate of 7% and a face value of $200,000. Interest payments are made...