Show the effect on the accounting equation for each of the events below. Fill in the AMOUNT and the LETTER of the account title from the list of accounts provided
A Additional paid-in capital D Dividends G Net income
B Cash E Dividends payable H Revenue
C Common stock F Interest expense I Treasury stock
Shareholders' equity
Assets Liabilities Contributed capital Retained earnings
Company issued 1,000 shares of $1 par value stock for $4 each
Company repurchased 20 shares for $5 each
Company declared a $10,000 dividend to be paid in two months
Company paid the $10,000 dividend from above
What will be an ideal response?
Shareholders' equity
Assets Liabilities Contributed capital Retained earnings
4,000 B 1,000 C
3,000 A
(100 ) B (100 ) I
10,000 E (10,000 ) D
(10,000 ) B (10,000 ) E
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Observations conducted for a formal research study can either be structured or unstructured.
a. true b. false
Which of the following questions should potential investors answer before investing?
A) Is this a good price for the stock? B) Is this firm in a position that will allow profitability in the future? C) Are this firm's strengths and weaknesses likely to get better or worse? D) Are this firm's threats and opportunities likely to get better or worse? E) All of the above