Question 1

The Statement of Financial Position shows all the dividends declared during the year.

Accepted Answer

A) True 
 B)False

Question 2

Listed below are several types of dividends followed by a series of descriptive characteristics. Match the types of dividends to the characteristics by placing the appropriate letter(s) in the space provided. Some characteristics may pertain to more than one type of dividend.

Accepted Answer

The answer of Listed below are several types of dividends...

Question 3

You have just started a new job as a financial analyst assessing investment performance for publicly traded companies. What metrics would use to do this and why?

Accepted Answer

Metrics that should be used include:
1.

Question 4

Shareholders have certain rights as owners of a corporation. These rights may differ depending on the type of shares purchased.
Instructions
a) List and briefly discuss the general rights of a common shareholder.
b) List and briefly discuss the rights and preferences attached to preferred shares that differ from those of common shares.

Accepted Answer

a) Common shareholders have the right to

Question 5

Which of the following happens at the date of declaration of a cash dividend?

Accepted Answer

A)  Dr. Dividends Expense, Cr. Dividends Declared 
B)  Dr. Dividends Declared, Cr. Cash 
C)  Dr. Dividends Declared, Cr. Dividends Payable 
D)  The board of directors approves the dividend but no entry is made in the accounts. 
A)  Dr. Dividends Expense, Cr. Dividends Declared 
B)  Dr. Dividends Declared, Cr. Cash 
C)  Dr. Dividends Declared, Cr. Dividends Payable 
D)  The board of directors approves the dividend but no entry is made in the accounts.

Question 6

Bailey Inc. issues 100,000 shares at $11 / share in January. Later that year the company is able to repurchase 9,000 of these shares at $10 per share. The effect of this is

Accepted Answer

A)  a decrease to the share capital account of $90,000. 
B)  an increase to the contributed surplus account of $9,000. 
C)  a decrease to total shareholders' equity of $99,000. 
D)  an increase in retained earnings by $9,000. 
A)  a decrease to the share capital account of $90,000. 
B)  an increase to the contributed surplus account of $9,000. 
C)  a decrease to total shareholders' equity of $99,000. 
D)  an increase in retained earnings by $9,000.

The Statement of Financial Position shows all the dividends declared during the year.

Listed below are several types of dividends followed by a series of descriptive characteristics. Match the types of dividends to the characteristics by placing the appropriate letter(s) in the space provided. Some characteristics may pertain to more than one type of dividend.

You have just started a new job as a financial analyst assessing investment performance for publicly traded companies. What metrics would use to do this and why?

Which of the following happens at the date of declaration of a cash dividend?

Bailey Inc. issues 100,000 shares at $11 / share in January. Later that year the company is able to repurchase 9,000 of these shares at $10 per share. The effect of this is

Overview of Corporate Financial Reporting

Analyzing Transaction and Their Effect on Financial Statement

Double-Entry Accounting and the Accounting Cycle

Revenue Recognition and the Statement of Income

The Statement of Cash Flows

Cash and Accounts

Inventory

Long-Term Assets

Current Liabilities

Long-Term Liabilities

Financial Statement Analysis

Filters

Exam 11: Shareholders Equity

The Statement of Financial Position shows all the dividends declared during the year.

Listed below are several types of dividends followed by a series of descriptive characteristics. Match the types of dividends to the characteristics by placing the appropriate letter(s) in the space provided. Some characteristics may pertain to more than one type of dividend.

You have just started a new job as a financial analyst assessing investment performance for publicly traded companies. What metrics would use to do this and why?

Which of the following happens at the date of declaration of a cash dividend?

Bailey Inc. issues 100,000 shares at $11 / share in January. Later that year the company is able to repurchase 9,000 of these shares at $10 per share. The effect of this is

Overview of Corporate Financial Reporting

Analyzing Transaction and Their Effect on Financial Statement

Double-Entry Accounting and the Accounting Cycle

Revenue Recognition and the Statement of Income

The Statement of Cash Flows

Cash and Accounts

Inventory

Long-Term Assets

Current Liabilities

Long-Term Liabilities

Financial Statement Analysis

Filters