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Financial and Managerial Accounting 4th Edition Wild Test Bank
Financial and Managerial Accounting 4th Edition Wild Test Bank
https://testbankfan.com/download/financial-and-managerial-accounting-4th-edition-wil
d-test-bank/
Chapter 11
Corporate Reporting and Analysis
3. Minimum legal capital requirements often prohibit dividends when the dividends reduce
stockholders' equity below the minimum specified amount.
True False
5. Common stock always carries a preference for receiving dividends over preferred stock.
True False
6. Changes in accounting estimates are accounted for in current and future periods.
True False
7. Earnings per share is the amount of income earned per share of a company's outstanding
(weighted-average) common stock.
True False
11-1
9. Earnings per share is calculated by dividing the total number of common shares outstanding
by net income.
True False
10. The price-earnings ratio reveals information about the stock market's expectations for a
company's future growth in earnings, dividends and economic opportunities.
True False
11. Dividend yield is defined as the market price per share of a company's stock divided by its
earnings per share.
True False
12. A discount on stock occurs when a corporation sells its stock for a price greater than par
value.
True False
13. A debit balance in retained earnings is often referred to as a retained earnings deficit.
True False
11-2
Chapter 11 - Corporate Reporting and Analysis
15. The costs of bringing a corporation into existence, including legal fees, promoter fees and
amounts paid to obtain a charter are called:
A. Minimum legal capital
B. Stock subscriptions
C. Organization costs
D. Cumulative costs
E. Prepaid fees
16. The right of common shareholders to protect their proportionate interest in a corporation
by having the first opportunity to buy additional proportionate shares of common stock issued
by the corporation is called a:
A. Preemptive right
B. Proxy right
C. Right to call
D. Financial leverage
E. Voting right
11-3
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Mutta niinkauvan, kun hän jaksoi istua, sai rohdin kuontalokin
kulkea hänen koukistuneitten sormiensa läpi rullalle ja sitä tietä ne
menivät pappilan ruustinnan karvamattolangatkin. —
Pettymyksiä.
*****
"Siitä olen jo kauvan ollut selvillä, isä. Kun poikasena kerran tein
huvihuoneen piirustukset, sanoit sinä että näyttää siltä kun Eskolla
olisi tulevaisuutta tällä alalla ja sitä minulla varmasti onkin! Saat
uskoa, isä, että minä kerran vien arkkitehtuuriamme loistavan
askeleen eteenpäin."
"Mutta minuthan sinä aivan syrjäytät, isä", muistutti Elli "vai eikö
sinua ollenkaan huvita tietää miksi minä aijon?
"Kiitä Luojaa, lapseni, että elät ajassa, joka sallii sinun nauttia työsi
hedelmiä", lausui äiti. "Minun nuoruudessani saimme tyytyä — ah
emmehän kaikkea uskaltaneet uneksiakaan — mitä te nyt saatte
todellisuudessa omistaa ja nauttia…"
"Et sinä toki henno särkeä Ellin tulevaisuutta", sanoi viimein äiti
pyytävän hellästi niinkuin ainakin.
"Ei isä, kyllä sinulta pitää riittää rahoja Ellillekin, Kaarlon ja minun
on elettävä sitä myöten. Muuten minäkin olen aivan onneton",
lämpeni Esko. "Sehän olisi muuten samaa, kuin jos riistettäisiin Elliltä
vaatteet meille pojille — ja hän työnnettäisiin alastomana pakkaseen!
Se ei saa tapahtua, isä!" —
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