Select all that apply Which of the following items are classified as noncash investing and financing activities? (Check all that apply.) Conversion of preferred stock to common stock Lease of assets in a long-term lease transaction Repayment of a note with cash Retirement of debt by issuing stock
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- Stockholders equity consists of which of the following? A. bonds payable B. retained earnings and accounts receivable C. retained earnings and paid-in capital D. discounts and premiums on bond payableIn what section of the balance sheet should the following items appear, and what balance sheet terminology would you use? a. Treasury stock (recorded at cost). b. Checking account at bank. c. Land (held as an investment). d. Sinking fund. e. Unamortized premium on bonds payable. f. Copyrights. g. Pension fund assets. h. Premium on common stock. i. Long-term investments (pledged against bank loans payable).Which one of the following is referred as Equity finance? а. a. Sale of money market instruments O b. Sale of bonds. О с O c. Purchase of T-Bills. O d. Issue of shares
- Flowserve converted bonds to common stock. What section in he cash flow statement would this transaction be located: A: Financing B: Operating C: Investing D: Non-cash investing and financingFor investments in equity securities, which will result in recording income based on the income of the investee? Select one: a. Held-to-maturity classification b. Trading classification O C. Available-for-sale classification O d. Equity method of accountingASSETS LIABILITIES AND CAPITALa. Current assets b. Investments c. Plant and equipment d. Intangiblese. Other assets f. Current liabilities g. Long-term liabilitiesh. Preferred stock i. Common stock j. Additional paid-in capitalk. Retained earningsl. Items excluded from balance sheetUsing the letters above, classify the following accounts according to the preferred and ordinary balance sheet presentation. _____ 1. Bond sinking fund_____ 2. Common stock distributable_____ 3. Appropriation for plant expansion_____ 4. Bank overdraft_____ 5. Bonds payable (due 2010)_____ 6. Premium on common stock_____ 7. Securities owned by another company which are collateral for that company's note_____ 8. Trading securities_____ 9. Inventory_____ 10. Unamortized discount on bonds payable_____ 11. Patents_____ 12. Unearned revenue
- 1) A long-term note secured by collateral may be referred to as a a) premium. b)bond. c)debenture. d)mortgage. 2) Which of the following usually represents the largest number of common shares? a)treasury shares. b)authorized shares. c)issued shares. d)restricted shares. What is the effect of the declaration of a cash dividend? like increase or decrease to either liability, asset, statement of income, statement of financial position and shareholder equity? 3) At December 31, 2022, Marigold Inc. has 14200, $4, cumulative preferred shares issued. If the board of directors declares a $54400 dividend at this date a) the company will owe the preferred shareholders nothing further. b) the company still has to pay the preferred shareholders $56800, regardless of what amount was declared. c) the company will still owe the preferred shareholders $2400 and should record a dividend payable for this amount. d) $2400 will be disclosed as dividends in arrears in the notes to the financial statements.…Which of the following can be categorized as Short term sources of finance ?i Equity Sharesii Trade Creditiii Debentureiv Money Market Instruments a.Only Equity Shares b.Both Equity Shares and Debentures c.Only Money Market Instruments d.Both Money Market Instruments and Trade CreditWhich of the following is not a financing activity: O Issuance of bonds payable Sale of investment Purchase of treasury stock O Issuance of common stock
- which of the following instrument are traded in capital market. check all that apply A. commercial paper b. treasury bills c. cooperate bonds d. bankers appectances e. common stockFor each case of a financial asset that is not related to one another, explain (must be accompanied by an explanation) whether meeting the contractual cash flow test consists of only principal and interest: 1) Investments in debt instruments in the form of bonds with a specified maturity date. The bonds have a predetermined principal payment and interest on the principal amount payable is linked to the stock equity index on the stock exchange 2) Investments in debt instruments in the form of bonds from toll road management companies, whose contractual cash flows from these financial assets change according to the number of motorized vehicles that use certain toll roads. 3) Investments in debt instruments with a specified maturity date. A variable interest rate which gives the borrower the option of choosing a market rate of three months LIBOR for three months or one month LIBOR for one monthThe journal entry to record the sale of treasury stock might include a.a credit to Treasury Stock. b.a credit to Paid-In Capital from Sale of Treasury Stock. c.a debit to Paid-In Capital from Sale of Treasury Stock. d.All of these choices are correct.