Which of the following transactions decreases retained earnings? A property dividend. A stock dividend. A cash div...
Which of the following transactions decreases retained earnings?
-
A property dividend.
-
A stock dividend.
-
A cash dividend.
-
All of these answer choices are correct.
Homework Answers
Answer: Option ( D ) All of these answer choices are correct.
Retained earnings decreased by A Property dividend, A stock Dividend and A Cash Dividend. Retained earnings are accumulated profit of a business and the dividends usually paid from these account so retained earnings decreases becuase of various dividends.
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Which of the following transactions decreases retained earnings? A property dividend. A stock dividend. A cash div...
Which of the following transactions will not affect a corporation's retained earnings? stock repurchase increase dividend...
Which of the following transactions will not affect a corporation's retained earnings? stock repurchase increase dividend payments stock dividend cut dividend payments
Which one of the following transactions always causes a decrease to retained earnings? Selling treasury stock...
Which one of the following transactions always causes a decrease to retained earnings? Selling treasury stock Incurring net income for the period Declaring a stock dividend Paying a cash dividend that was previously declared D Question 13 2 pts Which one of the following is an effect when a company buys back its own shares of stock Leverage is not affected. It will pay more dividends. It will have a higher debt/equity ratio. Fixed assets will decrease.
1) All of the following statements about retained earnings are true except a.retained earnings are increased...
1) All of the following statements about retained earnings are true except a.retained earnings are increased when a company has net income. b.retained earnings are sometimes referred to as "earnings retained for use in the business." c.retained earnings represent surplus cash. d.retained earnings are decreased when a company declares a dividend. 2) Which of the following statements is true concerning stock splits? a.The total number of shares outstanding does not change after the stock split. b.Stock splits require journal entries...
Retained Earnings normally has an account balance that: Multiple Choice Has a normal debit balance. Decreases...
Retained Earnings normally has an account balance that: Multiple Choice Has a normal debit balance. Decreases stockholders' equity Is equal to the balance in cash. Increases stockholders' equity Next Prev 29 of 30 Which of the following is a reason that a corporation would prefer to issue stock instead of bonds? Multiple Choice Dividend payments can be deducted for income tax purposes but interest payments cannot O 2) Expansion is accomplished without surrendering ownership control. The risk of going bankrupt...
Which of the following is shown on a statement of cash flows? A stock dividend A...
Which of the following is shown on a statement of cash flows? A stock dividend A stock split An appropriation of retained earnings None of these answers are correct. "Under the direct method of preparing the statement of cash flows, cash receipts from customers is equal to:" Sales revenues Increase in accounts receivable. Sales revenues Decrease in accounts receivable. Net sales revenue. Sales revenues + Increase in accounts receivable.
PLEASE ANSWER IMMEDIATELY!! I ONLY HAVE 1 HOUR T1a8 destI Retained Earnings: Transactions and Statement The...
PLEASE ANSWER IMMEDIATELY!! I ONLY HAVE 1 HOUR
T1a8 destI Retained Earnings: Transactions and Statement The stockholders' equity accounts of Rayburn Corporation as of January 1 appear below Common stock, $7 par value, 400,000 shares authorized; 1,260,000 920,000 513,000 180,000 shares issued and outstanding Paid-in capital in excess of par value Retained earnings During the year, the following transactions occurred: Declared a 10 percent stock dividend; market value of the common stock was $13 per share. June 28 Issued the...
Retained Earnings: Transactions and Statement The stockholders’ equity of Ranger Corporation at January 1 appears below:...
Retained Earnings: Transactions and
Statement
The stockholders’ equity of Ranger Corporation at January 1
appears below:
Common stock, $10 par value, 200,000 shares authorized;
80,000 shares issued and outstanding
$800,000
Paid-in capital in excess of par value
480,000
Retained earnings
305,000
During the year, the following transactions occurred:
May
12
Declared a 15 percent stock dividend; market value of the
common stock was $22 per share.
June
6
Issued the stock dividend declared on May 12.
Dec.
5
Declared a...
Retained Earnings: Transactions and Statement The stockholders’ equity accounts of Rayburn Corporation as of January 1...
Retained Earnings: Transactions and Statement The stockholders’ equity accounts of Rayburn Corporation as of January 1 appear below: Common stock, $5 par value, 400,000 shares authorized; 160,000 shares issued and outstanding $800,000 Paid-in capital in excess of par value 920,000 Retained earnings 513,000 During the year, the following transactions occurred: June 7 Declared a 10 percent stock dividend; market value of the common stock was $11 per share. June 28 Issued the stock dividend declared on June 7. Dec. 5...
Retained Earnings: Transactions and Statement The stockholders’ equity of Elsworth Corporation at January 1 is shown...
Retained Earnings: Transactions and Statement The stockholders’ equity of Elsworth Corporation at January 1 is shown below: 5 Percent preferred stock, $100 par value, 10,000 shares authorized; 4,000 shares issued and outstanding $400,000 Common stock, $5 par value, 200,000 shares authorized; 50,000 shares issued and outstanding $250,000 Paid-in capital in excess of par value—Preferred stock 40,000 Paid-in capital in excess of par value—Common stock 300,000 Retained earnings 656,000 Total Stockholders’ Equity $1,646,000 The following transactions, among others, occurred during the...
1. Restrictions on retained earnings include all but which of the following characteristics? a) A restriction...
1. Restrictions on retained earnings include all but which of
the following characteristics?
a) A restriction on retained earnings means a reduction in the
power to declare dividends.
b) A journal entry must be made to indicate such a
restriction.
c) Restrictions on retained earnings must be disclosed in the
notes to the financial statements.
d) Only a portion of retained earnings may be restricted.
2. Cambridge Corp. declared a 5% stock dividend. Will Wales
owned 300 shares of Cambridge...
Which one of the following transactions always causes a decrease to retained earnings? Selling treasury stock Incurring net income for the period Declaring a stock dividend Paying a cash dividend that was previously declared D Question 13 2 pts Which one of the following is an effect when a company buys back its own shares of stock Leverage is not affected. It will pay more dividends. It will have a higher debt/equity ratio. Fixed assets will decrease.
Retained Earnings normally has an account balance that: Multiple Choice Has a normal debit balance. Decreases stockholders' equity Is equal to the balance in cash. Increases stockholders' equity Next Prev 29 of 30 Which of the following is a reason that a corporation would prefer to issue stock instead of bonds? Multiple Choice Dividend payments can be deducted for income tax purposes but interest payments cannot O 2) Expansion is accomplished without surrendering ownership control. The risk of going bankrupt...
PLEASE ANSWER IMMEDIATELY!! I ONLY HAVE 1 HOUR
T1a8 destI Retained Earnings: Transactions and Statement The stockholders' equity accounts of Rayburn Corporation as of January 1 appear below Common stock, $7 par value, 400,000 shares authorized; 1,260,000 920,000 513,000 180,000 shares issued and outstanding Paid-in capital in excess of par value Retained earnings During the year, the following transactions occurred: Declared a 10 percent stock dividend; market value of the common stock was $13 per share. June 28 Issued the...
Retained Earnings: Transactions and
Statement
The stockholders’ equity of Ranger Corporation at January 1
appears below:
Common stock, $10 par value, 200,000 shares authorized;
80,000 shares issued and outstanding
$800,000
Paid-in capital in excess of par value
480,000
Retained earnings
305,000
During the year, the following transactions occurred:
May
12
Declared a 15 percent stock dividend; market value of the
common stock was $22 per share.
June
6
Issued the stock dividend declared on May 12.
Dec.
5
Declared a...
1. Restrictions on retained earnings include all but which of
the following characteristics?
a) A restriction on retained earnings means a reduction in the
power to declare dividends.
b) A journal entry must be made to indicate such a
restriction.
c) Restrictions on retained earnings must be disclosed in the
notes to the financial statements.
d) Only a portion of retained earnings may be restricted.
2. Cambridge Corp. declared a 5% stock dividend. Will Wales
owned 300 shares of Cambridge...
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