1.) The board of directors of Berweck Corporation declared a cash dividend on January 18, 20x7, to be paid on February 18, 20x7, to shareholders holding the stock on February 2, 20x7. Given these facts, the date February 2, 20x7, is referred to as the A.date of declaration. B.date of record. C.ex-dividend date. D.date of payment. 2.) When common stock is issued by a corporation for a cash price above par value, the excess of the cash proceeds over the par value should be reported in the financial statements as a component of A.operating income on the income statement. B.retained earnings on the balance sheet. C.total liabilities on the balance sheet. D.total contributed capital on the balance sheet. 3.) When stock is issued for noncash assets or services, the dollar amount to be recorded for this exchange is determined by the A.treasurer of the corporation. B.market value of the stock or the market value of the consideration received, whichever is greater. C.market value of the stock or the market value of the consideration received when the market value of the stock cannot be determined. D.par value of the stock