At the date of the financial statements, common stock shares issued would exceed common stock shares outstanding as a result of the
a. declaration of a stock split.
b. declaration of a stock dividend.
c. purchase of treasury stock.
d. payment in full of subscribed stock.
e. None of these choices is correct.
C
You might also like to view...
Omega squared, ?2, indicates what proportion of the variation in the dependent variable is related to a particular independent variable or factor
Indicate whether the statement is true or false
Which of the following must meet certain educational and experience requirements and take a five-part examination established by the National Society of Accountants?
a. public accountants b. private accountants c. certified management accountants (CMA) d. certified public accountants (CPA) e. national bookkeepers
Jarrod Automotive, owned and operated by Jarrod Johnson, began business in September of the current year. Jarrod, a mechanic, had no experience with recording business transactions. As a result, Jarrod entered all of September's transactions directly into the ledger accounts. When he tried to locate a particular entry he found it confusing and time consuming. He has hired you to improve his accounting procedures. The accounts in his General Ledger follow:
Prepare the general journal entries, in chronological order (a) through (e), from the T-account entries shown. Include a brief description of the probable nature of each transaction.
What will be an ideal response?
Calculate (a) MAD, (b) MSE, and (c) MAPE for the following forecast versus actual sales figures. (Please round to four decimal places for MAPE.)
Forecast Actual 100 95 110 108 120 123 130 130