Commonly used multiples for determining a stock's value include I. price to earnings. II. price to sales. III. price to cash flow. IV. price to dividends
A) I, II and III only
B) I, III and IV only
C) II, III and IV only
D) I, II, III and IV
Answer: A
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Which of the following statements about the balance sheet is most correct?
a. The lower (right-hand) section reports cash and other assets. b. The balance sheet reports on a business's operations. c. The asset side of the balance sheet is listed in decreasing order of maturity (i.e., longer maturity assets are listed first). d. The upper (left-hand) section reports liabilities and equity. e. None of the above statements are correct.
Marketplace, Inc completed the following treasury stock transactions in 2016
June. 3 Purchased 2,000 shares of the company's $5 par value common stock as treasury stock, paying cash of $15 per share. June 14 Sold 800 shares of the treasury stock for cash of $20 per share. Journalize these transactions. Explanations are not required. How will Marketplace, Inc report treasury stock on its balance sheet as of December 31, 2016? What will be an ideal response