简答题If management wishes to "capitalize" part of the earnings, it may issue a ____ A、cash dividend. B、stock dividend. C、property dividend. D、liquidating dividend.简答题Dividends in arrears on cumulative preferred stock are liabilities to be paid at a later date.简答题Investors should be wary of stock buybacks during down times because the resulting decrease in shares and increase in earnings per share can be used to mask a slowdown in earnings growth.简答题When a corporation sells treasury stock below its cost, it usually debits the difference between cost and selling price to Paid-in Capital from Treasury Stock.简答题A Corporation issued a 100% stock dividend of its common stock which had a par value of $10 before and after the dividend. At what amount should retained earnings be capitalized for the additional shares issued? A、There should be no capitalization of retained earnings. B、Par value. C、Market value on the declaration date. D、Market value on the payment date.简答题Treasury stock is stock that is issued and outstanding but not authorized.简答题In computing earnings per share, the number of shares used is ____ A、the year-end number of shares outstanding. B、the beginning of the year number of shares outstanding. C、the average of the beginning and the year-end number of shares outstanding. D、the weighted average of shares outstanding for the year.简答题In February 2019, Wanke declared cash dividends of ￥12 million to be paid in April of that year. What effect did the April transaction have on Wanke's accounts? A、Decreased assets and liabilities. B、Decreased assets and shareholders' equity. C、Increased liabilities and decreased shareholders' equity. D、None of the above is correct.简答题Treasury stock ____ A、is an asset. B、increases total stockholders' equity. C、decreases total stockholders' equity. D、does not change total stockholders' equity.简答题Cash dividends become a liability on the record date.简答题When treasury shares are resold at a price below cost, ____ A、paid-in capital and/or retained earnings is reduced. B、paid-in capital and/or retained earnings is increased. C、retained earnings is always reduced. D、a loss is taken on the income statement.简答题When treasury shares are sold at a price above cost, ____ A、a gain account is credited. B、a gain account is credited. C、a revenue account is credited. D、paid-in capital is increased.简答题Dividends payable in assets of the corporation other than cash are called property dividends or dividends in kind.简答题Treasury stock is a company's own stock that has been reacquired.简答题Treasury shares are most often reported as A、a reduction of total shareholders' equity. B、a reduction of total paid-in capital. C、a reduction to retained earnings. D、an expense on the income statement.简答题Treasury stock transactions never increase retained earnings or net income.简答题An entry is not made on the ____ A、date of declaration. B、date of record. C、date of payment. D、An entry is made on all of these dates.多选题Rick Co. had 30 million shares of 60 per share. In recording this transaction, Rick would ____ A、debit retained earnings for 18 million. C、credit common stock for $18 million. D、None of the above is correct.简答题Stock dividends cause a reduction in retained earnings, but they never reduce total shareholders' equity.简答题When a stock dividend is less than 20-25 percent of the common stock outstanding, a company is required to transfer the fair market value of the stock issued from retained earnings.