study sheet for students

study sheet for students - Test 3 study sheet Chapter 18...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Test 3 study sheet Chapter 18 – Shareholder’s Equity 1. Synonym for net assets. 2. The principal components of shareholder’s equity. 3. Where must the details of each class of stock be reported? 4. What is the dominant form of business in terms of volume? 5. Another name for a corporate charter. 6. What laws must corporations be formed under? 7. What is outstanding common stock? 8. What is issued stock? 9. What is the Model Business Corporation Act 10. What is a redemption priviledge? 11. On the balance sheet common stock is listed as par value times what? 12. How do you know how much of the shares issued are outstanding? 13. How would you figure out the average price of additional shares issued by looking at the balance sheet? 14. How would you figure average price of additional treasury shares purchased during the year by looking at the balance sheet? 15. How would you determine net income for the year by looking at the balance sheet? 16. Be able to calculate total shareholder’s equity if given the beginning balance and relevant transactions. 17. Be able to calculate net income if given balances of Assets, liabilities, common stock,
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 4

study sheet for students - Test 3 study sheet Chapter 18...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online