ACC 250 Chapter 11 Flashcards
1
Q
What is authorized Common Stock?
A
(P 505)
2
Q
What is Outstanding Common Stock?
A
(P 505 and Example 11.4)
3
Q
Impact of the acccounting equation of issuing at a premioum over par value?
A
(P 506)
4
Q
The amount in the common stock account consists of what?
A
(P 506)
5
Q
Affect of Treasury Stock on Stockholders Equity?
A
(P 507)
6
Q
Dates of entries in connection with a cash dividend?
A
(P 510)
7
Q
Impact on Stockholders Equity of stock splits and stock dividends?
A
(Example 11.6)
8
Q
Formula for computing Earnings Per Share?
A
(P 517)
9
Q
Usefulness of Earnings Per Share?
A
(P 517)
10
Q
Influcence of earnings per share on stock price?
A
(P 517)
