1. Decide whether each of the following statements is true or false. (Click the icon to view the statements.) equally for dividends. The following is extracted from a recent annual report. (Click the icon to view the shareholders' equity report.) equally for dividends. used in the journal entry, leave the box empty; do not select a label or enter a zero.) 2c. How much of Candy Inc.'s shareholders' equity was contributed by the shareholders? How much was provided by profitable operations? Does this division of equity suggest that the company r been successful? Why or why not? The shareholders contributed $ to shareholders' equity and $ was provided by profitable operations. This division suggests that the company been successful because almost all c its shareholders' equity has come from 2d. Write a sentence to describe what Candy Inc.'s shareholders' equity balance means. The total of Candy's shareholders' equity indicates that the have a claim to $ of the company's Statements a. The policy-making body in a corporation is called the board of directors. b. The owner of 250 preferred shares has greater voting rights than the owner of 250 common shares. c. Issuance of 1,000 common shares of $13 per share increases share capital by $13,000. d. A corporation issues its preferred shares in exchange for land and a building with a combined fair value of $250,000. This transaction increases the corporation's owners' equity by $250,000 regardless of the assets' prior book values. e. Preferred shares are a riskier investment than common shares. Shareholders' Equity Report Shareholders' Equity Report Shareholders' Equity Share capital Class A common shares, no stated value (authorized and issued 1,250 shares) .$ 1,250 Class B common shares, no stated value (authorized and issued 45,600 shares) . . . . 11,200 Totalsharecapital12,450 Print Done