F7stockholdwers Equity Flashcards

0
Q

When state of incorporation protects treasury stock from dilution,

A

2-1 stock splits also increase treasury shares.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
1
Q

Amount of Stock that corp can issue is called “authorized” capital stock.

A

Capital stock may be authorize, issued, and outstanding.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Net income and retained earnings will never be increased through

A

Treasury stock transactions.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Equity investments issued for employee services are value at the date of

A

Grant.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly