Reference no: EM132557951

Problem 1 - The stockholder's right ______ means that stockholders will receive a proportionate share of any assets left after a company goes out of business

A) Preemption

B) dividends

C) voting

D) liquidation

Problem 2 - which of the following causes the par value of a company's stock to decrease?

A) sale of additional stock

B) stock dividend

C) cash dividend

D) stock split

Problem 3 - Which of the following is not part of financing activities?

A) paying dividend

B) Paying off loans

C) Issuing stock

D) buying land

Problem 4 - Kringle co issued bonds during the year. This would be considered a source of cash and would be reported in the __________ section of the statement of cash flows.

A) investing

B) receivables

C) liabilities

D) Financing

Problem 5 - Choose the correct formula to determine a trend percentage?

A) net profit of the current year divided by net profit of a base year

B) an item from any year divided by the same item from a base year, multiplied by 100

C) an item from the base year multiplied by the same item from the current year

D) The total income of the current year minus the total income from a base year