Question 6
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Question 6
Listed companies are required to discluse items that may affect the decision of an investor to purchase stock. These items are called:
Financial Statements |
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Footnotes |
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Risk Factors |
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Management's Discussion and Analysis
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- Treasury Stock Refer to the information for Heitman Company above. Required: 1. How will this transaction affect stockholders equity? How will this transaction affect net income?PART A: Common stock has seniority relative to preferred stock. True False PART B: Issuance or flotation costs are the costs investors pay to brokers when they purchase common stock. True FalseThe statement of changes in shareholders' equity is: Question 4 options: a required statement under IFRS. a required statement under ASPE. a required statement under ASPE and IFRS. an optional statement under ASPE and IFRS. A private company: Question 5 options: must use IFRS in the preparation of financial statements. must use ASPE in the preparation of financial statements. may use both IFRS and ASPE in the preparation of financial statements. may choose between IFRS and ASPE in the preparation of financial statements.
- Ma4. A company prepares its financial statements according to IFRS its financial statements include ordinary share capital and share premium the company used US gaap what would be likely account titles for these accounts, respectively •Common stock, par value, additional paid-in capital, Share purchase •Common stock additional paid-in capital •Preferred stock additional paid-in capital preferred stock •Common stock, par value, additional paid-in capital stock options 2) what is the term for actuaria gains and losses and how are they accounted for in the IFRS •Actuarial gains and losses accounted for as an OCI item •Remeasurement gains and losses accounted for as an OCI item •Remeasurement gains and losses accounted for as a profit or loss •Actuarial gains and losses accounted for as a profit or loss1. Stock exchanges want to be sure that investors have enough information toSelect one:a. Increase a company’s performance and prospectsb. Evaluate a company’s performance and prospectsc. Decrease a company’s performance and prospectsd. Evaluate a company’s assets and liabilities1. Treasury stock is presented on the balance sheet as an asset. a liability. a reduction to equity. a memorandum in the notes. 2. Under the cost method, when the corporation reacquires its capital stock, it assumes it will reissue rather than retire the stock. debits Treasury Stock for the price paid. credits Cash for the price paid. does all of these choices
- Which of the following statements about EPS is true? Question 25 options: a) Both publicly and non-publicly accountable enterprises must disclose EPS on their financial statements. b) EPS is an indicator of liquidity of an entity. c) Two types of EPS are reported: basic and complex. d) Diluted EPS looks at earnings on a per-share basis for shares that were outstanding and also for shares that had the potential to be outstanding during the year.Home Depot company to analyze common stock, and treasury stock explain what their balances might indicate about how the company is utilizing the investment by its stockholders. Would you want to purchase stock in the company based on the analysis. providing your opinion as to whether you would purchase the company’s stock. Compare your opinions and note any significant similarities or differences.1. The cost method of accounting for stock investments is used when the company acquires a. Greater than 50% of the company's stock b. Between 20% to 50% of the company's stock c. Less than 20% of the company's stock 2. The significance of percentage of ownership relates to how much _____________ the acquiring company has in the new company. a. data b. control c. confidence
- 21. What does IAS 32 provide as regards to the gain from sale of treasury shares? Group of answer choices a. It shall be recognized in profit or loss. b. It shall be credited to share premium. c. It shall be credited to share capital. d. It shall be credited to retained earnings.12 - What is the process of determining the optimal amount of stock that should be in the enterprise, taking into account production and sales ? a) Management of Securities B) Cash Assets Management NS) Fixed Assets Management D) Management of stocks TO) Management of Receivables2. What business risks does P&G face that may threaten its ability to satisfy stockholderexpectations? What are some examples of control activities that the company could use toreduce these risks? (Hint: Focus on page 28 of the annual report).