What type of loss occurs when stocks are repurchased within 30 days of the initial sale? Acronyms Calculator A. Unrealized. B. Deferred.
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- hen treasury stock is sold for less than its cost, the entry should include a debit toa. Gain on Sale of Treasury Stock.b. Loss on Sale of Treasury Stock.c. Retained Earnings.d. Paid-in Capital in Excess of ParWhen retiring treasury stock, retained earnings could be affected under which of the following methods? Cost Method Par Value Method I. No No II. No Yes III. Yes No IV. Yes Yes IV I III IIWhich of the following statements are not true Select one: a. Profitability Index is a discounted technique b. Capitalisation are the total securities issued by a company c. Cash flows occurs over a series of years in capital budgeting decisions d. Some investment decisions are irreversible e. Borrowing is cheap compared to equity
- Funds needed for purchase inventory, pay short-term debt, and day-to-day operating expenses are known as Select one: a. Equity share capital b. Fixed capital c. None of the options d. Long term assets e. Preference share capitalPayment in advance refers to the Select one: a. None of the options b. Liabilities c. Long term stocks d. Equity share capital e. AssetsChoose the correct answer: Equity security acquired for non-trading and the shares are not enough to warrant significant influence should be measured at the end of the period a. cost, being the purchase price b. cost, being the purchase price plus transaction costs c. fair value, with change in FV taken through profit or loss. d. fair value, with change in FV taken through other comprehensive income
- Choose the letter of the correct answer 2. When the cost model/method is used to account for an investment, which of the following would not result in an adjustment to the amount recorded in the investment account? A. The investee declares a regular dividend B. The investor sells some of the stock C. The investee declares a liquidating dividend D. The stock’s market value decreases to a point where is it below the investor’s costWhich one does not decrease asset at the distribution date? Select the correct response O Stock Dividend O Cash Dividend O Property Dividend O Scrip Dividend < PreviousWhich of the following best describes what investors in shares seek compensation for? The risk-free rate of return plus time value of money OA. O B. The loss of interest on a building society account plus the dividend yield on shares Inflation and risk only OC Sacrifice of immediate use of cash otherwise available for consumption, inflation and risk OD.
- If the combined market value of equity investment at fair value through profit or loss at the end of the year is more than the market value of the same portfolio of trading securities at the beginning of the year, the difference should be accounted for by: a debit to equity investment O reporting an unrealized loss in security investment in the stockholders' equity section of the balance sheet a footnote to the financial statements reporting an unrealized loss in security investments in the income statement O reporting an unrealized gain in security investments in the income statementWhich of the following will reduce Retained Earnings? a. Declaration of a stock dividendb. Payment of a cash dividendc. Profit for the periodd. None of theseA decrease in the will cause an increase in common stock value. O A. growth rate O B. required rate of return Oc. last paid dividend D. both B and C