2. Honda Company is authorized to issue a. 100,000 shares of AED 10, preferred stock, par value AED 100 b. 300,000 shares of common stock of par value AED 8 The following transactions took place during the year 2015. c. On Jan 1 2015; Company issued 5% shares of preferred stock at AED 120 each d. The company also issued 100,000 shares of common stock at AED 10 each. e. During the year the company earned a net income of AED 850,000 and decided to distribute AED 1 per share dividend to common stockholders Required: Complete the following 1. Changes in the retained earning 2. Changes in the shareholder's equity section Multiple choice questions 1. The following function is NOT performed occasionally by the Finance Manager A. Stock issue B. Capital Budgeting C. Credit management D. Dividend decision E. Debt financing decision