F7stockholdwers Equity Flashcards
0
Q
When state of incorporation protects treasury stock from dilution,
A
2-1 stock splits also increase treasury shares.
1
Q
Amount of Stock that corp can issue is called “authorized” capital stock.
A
Capital stock may be authorize, issued, and outstanding.
2
Q
Net income and retained earnings will never be increased through
A
Treasury stock transactions.
3
Q
Equity investments issued for employee services are value at the date of
A
Grant.