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3. In reviewing Corporate equity on a balance sheet, what effect be included in the description “Total Capital Stock” a) Par value of preferred b) Par value of common c) Paid in Capital excess of par value d) Both (a) and (b)
2 737911. EOQ is the order quantity that========== over our planning horizon a) Minimizes total ordering costs b) Minimizes total carrying costs c) Minimizes total inventory costs d) The required safety stock
9 2877713. The firm has 20,000 common shares authorized, 15,000 shares outstanding, and 3,000 shares of treasury stock. How much common equity shares are issued. a) 2,000 b) 5,000 c) 17,000 d) 18,000
8 1884415. Which statement about ADRs is true? a) An ADR is the receipt for the shares of a foreign based corporation held in U.S bank b) ADRs do not trade on U.S exchange c) ADRs give non U.S investors a way to buy non US company shares in the US market. d) The holder of an ADR is entitled to only the dividends for the security
4 1376616. Eurodollars are best described as =============== a) The new currency of the European Union b) A U.S dollar denominated deposit ….generally in a bank located outside the United States …that is not subject to US banking regulation. c) A currency deposited outside its country of origin d) A foreign..denominated deposit subject to US banking regulations
5 1833718. If the real gross domestic product of US has increased, but the production of goods remained the same, then the production of services has; a) Increases b) Decreases c) Remained same d) Would vary
5 1526140. If revenue was $70,000, expenses were $59,000, and the owner’s withdrawals were $25,000, the amount of net income or net loss was: a) net income of $11,000 b) Net income of $36,000 c) Net loss of $59,000 d) Net income of $70,000
3 1223542. G.Simkins sends back stock to J.J. Fabrics (a supplier), having originally purchased it on Credit. J.J. fabrics issued a Credit note for the value of these goods. In simkins’ books, the double entry for this transaction should be. a) Debit : J.J. Fabrics; Credit purchases b) Debit : purchases; credit J.J. Fabrics c) Debit : J.J. Fabrics; credit purchase returns d) Debit: purchases returns; credit J.J Fabrics.
2 6633Post New Accounting AllOther Questions
What is Summarising
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
Under the accrual basis of accounting incomes are recognised at the time -------------------
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Short Answer on _________________City Compensatory allowance
Assets are held in the Business for the purpose of____________________
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