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Unformatted text preview: 4. The amount of income earned per share of a company's common stock is known as: a. Restricted retained earnings per share. B. Earnings per share. c. Continuing operations per share. d. Dividends per share. e. Book value per share. Difficulty: Easy Learning Objective: A1 Wild - Chapter 13 #121 5. Record the following transactions of a company in general journal form: (a) Reacquired 8,000 of its own $10 par value common stock at $40 cash per share. The stock was originally issued at $15 per share. (b) Sold 2,000 shares of the stock reacquired under part (a) at $43 cash per share. (c) Sold 3,000 shares of the stock reacquired under part (a) at $39 cash per share. Difficulty: Medium Learning Objective: P5 Wild - Chapter 13 #244 Category # of Questions Difficulty: Easy 3 Difficulty: Medium 2 Learning Objective: A1 1 Learning Objective: C1 1 Learning Objective: C2 2 Learning Objective: P5 1 Wild - Chapter 13 5...
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This note was uploaded on 10/31/2010 for the course AC 201 taught by Professor Leland during the Fall '10 term at Park.
- Fall '10