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15. A jounal entry for the sale of $10 par-common stock for $18 per share would include a A. debit to Common Stock B. debit
15. A jounal entry for the sale of $10 par-common stock for $18 per share would include a A. debit to Common Stock B. debit to Paid-In Capital in Excess of Par-Common Stock C. credit to Paid-In Capital in Excess of Par-Common Stock D. credit to Cash 16. An example of a cash outflow from investing activities is A. issuance of a note payable B. paying cash dividends C. the purchase of treasury stock D. making a loan to another company of a cash dividend, no journal enury is required 17. On the A. preferred date B. declaration date C. date of record D. payment date 18. The following information applied to Advanced Industries, Inc. for 2014 gs/share 17 68 52 Market price per share of common stock Number of shares of comunou stock outstanding 52,000 48,000 et income Dividends share What is the dividend yield for Advanced Industries. Inc (to the nearest tenth of a percent)? A. 34 0% B.137% C. 404% D. 92.3% 19. The formula for computing additional paid-in capital in excess of par is shares of stock times A. selling price per share of stock B, selling price per stare phus par value per share C. par value per share of stock D. selling price per stare minus paa valu per share 20, The stos
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