Dividends, Shares, and Income MCQs

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Which is the order in which the dates related to cash dividends occur?






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The Common Stock Dividend Distributable account is classified as a/an:






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Which of the following is true about the effects of a stock dividend?






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A stock split will






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Which of the following is not a reason for a corporation to acquire its own shares of stock?






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Which of the following accounts would not be classified as a contributed capital account?






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Which of the following is true?






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Jute Enterprises issues 10,000 shares of common stock on January 1, 2002 at $12 per share. On June 30, 2002, a 10% stock dividend is declared. The mar...






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Which of the following events might be considered as extraordinary?






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Company A has a simple capital structure of 100,000 shares of $10 par common shares, no preferred shares, and retained earnings of $750,000. The compa...






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Net income for the period totaled $55,000, preferred dividends paid totaled $10,000, and common dividends paid totaled $30,000. If there were 100,000 ...






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From January 1 to May 31, Company A had 7,000 shares outstanding. From June 1 to October 31, the company had 8,000 shares outstanding. From November 1...






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From January 1 to May 31, Company A had 4,800 shares outstanding. From June 1 to October 31, the company had 5,220 shares outstanding. From November 1...






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Which of the following is NOT true with regard to appropriations of retained earnings?