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Accounting 2- UNIT 4 PART 2 Flashcards | StudBud
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Accounting 2- UNIT 4 PART 2
Accounting 2- UNIT 4 PART 2
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Answers
1
The total amount of beginning inventory in addition to purchases added during a period of time.
Serial bonds
Purchases available for sale
Retained earnings
Organization costs
2
The relationship between net income and average total assets.
Retiring a bond issue
Stock ceritificate
Trustee
Rate earned on average total assets
3
The relationship between net income and average stockholders' equity.
Rate earned on average stockholders' equity
Purchases available for sale
Term bonds
Serial bonds
4
The process of selling stock to investors on an installment basis.
Retiring a bond issue
Trustee
Subscribing for capital stock
Purchases available for sale
5
The value assigned to a share of no-par stock by the board of directors.
Stated-value stock
Par value
Stock certificate
Organization costs
6
Paying the amounts owed to bondholders of a bond issue.
Serial bond
Retiring a bond issue
Treasury stock
Term bonds
7
A financial statement that shows a company's incoming and outgoing money during a time period.
Statement of stock
Statement of retained earnings
Statement of cash flow
Statement of term bonds
8
A value assigned to a share of stock and printed on the stock certificate.
Preferred stock
Par value
Stated-value stock
Treasury stock
9
A bank appointed to ensure that a corporation fulfills all its responsibilities to bondholders.
Administrator
Agent
Executor
Trustee
10
A bond issue in which all bonds have the same term or maturity date.
Term bonds
Treasury stock
Serial bonds
Corporate bonds
11
A measure used to determine whether the market price of a corporation's stock is reasonable
Subscribing a capital stock
Rate earned on average stockholders' equity
Rate earned on average total assets
Price-earnings ratio
12
A document showing how many shares of corporation stock are owned.
Preferred stock
Stated-value stock
Stock certificate
Debit memorandum
13
Stock that has a specific value printed on the stock certificate.
Treasury stock
Retiring a bond issue
Stock certificate
Par-value stock
14
Cost directly related to establishing a corporation.
Treasury stock
Term bonds
Organization costs
Par-value stock
15
The accumulated profits of a company.
Retained earnings
Stated-value stock
Rate earned on average stockholders' equity
Preferred stock
16
Stock that has been issued by a corporation and then reacquired and held.
Par-value stock
Stated-value stock
Treasury stock
Preferred stock
17
A bond issue that has a series of maturity dates.
Par-value stock
Term bonds
Trustee
Serial bonds
18
Stock that has preferences over common stock, usually in relation to dividends.
Trustee
Preferred stock
Statement of cash flow
Par-value stock