Question

Test: FIN X 0133020312. X FIN 432 - Invex C A long-term X Q Finance ChaptX G The Common + uvi.edu/webapps/assessment/take/launch.jsp?course assessment_id=_17709_18_course_id=25356_18.content id=431107_1&step=null QUESTION 19 2.22 p The Common stock shareholders are owners of the corporation and as such have certain rights including a. A fixed price for the stock b. A fixed dividend payment C. Neither a nor b above 2.22 poir QUESTION 20 Stock is shown on the balance sheet as a Retained earnings b. Equity e Debt 2.22 points QUESTION 21 If a company has issued 5,000 shares of stock, 100 shares of stock in that company gives the stockholder 8.2% ownership of the company b.20% ownership of the company C.5% ownership of the company Save All Answers Click Save and Submit to save and submit. Click Save All Answers to save all answers

Answer 1

19)

Common stockholders are residual holders who can claim the assets of the firm in the event of liquidation. As they are residual claimants, they cannot claim any rights such as fixed dividend payment or fixed price

So answer is C) Neither a nor b above

20)

Stock is shown in the equity section of the balance sheet in the liabilities and equity side.

Answer is b) Equity

21)

Onwership in the company = 100/5000 = 2% ownership

Answer is a) 2% ownership