These are shares issued plus subscribedshares minus treasury shares. *Outstanding SharesOrdinary sharesO Subscribed SharesO Issued shares

Answered: Image /qna-images/answer/2cedee54-2fb3-4669-b929-826065c2aadc.jpg

Answered: These are shares issued plus subscribed…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 3MCQ: Authorized stock represents the: number of shares that are currently held by stockholders. number of...

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Similar questions

Treasury stock is listed as a(n) __________ on the balance sheet. (a) current liability (b) current asset (c) deduction from stockholders equity (d) addition to stockholders equity
Which of the following classifications represents the most shares of common stock?a. Unissued sharesb. Issued sharesc. Treasury sharesd. Outstanding sharese. Authorized shares
Which of the following is ordered from the largest numberof shares to the smallest number of shares?a. Shares authorized, shares issued, shares outstanding.b. Shares issued, shares outstanding, shares authorized.c. Shares outstanding, shares issued, shares authorized.d. Shares in treasury, shares outstanding, shares issued.
Which of the following formulas is correct regarding the different status of shares of stock: authorized shares, issued shares, outstanding shares, and treasury shares? a. Issued – Treasury = Outstanding b. Issued + Treasury = Authorized c. Authorized + Treasury = Issued d. Issued + Outstanding + Treasury = Authorized
Which of the following is entitled to dividends? a. Total shares issued b. Total shares issued, net of treasury shares c. Total outstanding liability d. Total authorized shares
At the date of the financial statements, ordinary shares issued would exceed ordinary shares outstanding as a result of the a. Payment in full of subscribed shares b. Purchase of treasury shares c. Declaration of stock split d. Declaration of stock dividend
Earnings per share is computed on a. ordinary shares onlyb. preference shares onlyc. both ordinary and preference sharesd. neither ordinary nor preference shares
Earnings per share (EPS) should be computed on the basis of A. Voting ordinary sharesB. Voting ordinary shares and preference sharesC. Voting and nonvoting ordinary sharesD. Preference shares
The following statements are true, except: a. All issued shares are outstanding shares b. All outstanding shares are issued shares c. Treasury shares becomes unissued shares when canceled. d. Subscribed shares are part of unissued share capital
This account represents that portion of the subscribed share capital which remains uncollected Choices; Subscription receivable Subscribed capital stock authorized capital stock share premium
Which of the following transactions does not affect the Total Contributed Capital of the company? Conversion of Bonds Payable to Ordinary Shares Declaration of Cash Dividends Conversion of Preference Shares to Ordinary Shares Declaration and Issuance of 25% Stock Dividends Declaration and Issuance of 10% Stock Dividends
MAKE T-ACCOUNT for the following: Ordinary shares Preference shares Share premium- Ordinary shares Share premium- Preference shares Share premium- Treasury shares Total additional paid-in capital Total contributed capital Total stockholders’ equity

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These are shares issued plus subscribed shares minus treasury shares. * O Outstanding Shares O Ordinary shares Subscribed Shares Issued shares