Which of the following is least likely to affect the retained earnings balance?

a. Conversion of preferred stock into common stock
b. Stock splits
c. Treasury stock transactions
d. Stock dividends


B

Business

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Which of the following is true with regard to personal selling?

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Garrison Company acquired $23,000 by issuing common stock. Which of the following accurately reflects how this event affects the company's financial statements? Assets=Liab.+EquityRev.?Exp.=Net Inc.Stmt ofCash FlowsA.23,000=NA+23,000NA?NA=NA23,000 FAB.23,000=NA+23,00023,000?NA=23,00023,000 FAC.23,000=23,000+NA23,000?NA=NA23,000 FAD.23,000=23,000+NA23,000?NA=23,00023,000 OA

A. Option A B. Option B C. Option C D. Option D

Business

A project manager can calculate the projected budget to completion by using the:

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Business