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22. A stockholder's preemptive right enables a stockholder to A) Receive dividends before other classes of stock. B) Sell their shares before other classes of

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22. A stockholder's preemptive right enables a stockholder to A) Receive dividends before other classes of stock. B) Sell their shares before other classes of stock C) Share proportionally in assets upon liquidation. D) Share proportionally in any new issues of stock. 23. During 2017, AMF issued preferred stock for $102 per share. AMF is mandated (obligated) to redeem these shares for $105 per share on or before June 1, 2023. In its 2017 balance sheet, AMF should report the preferred stock as a Component of comprehensive income. Component of APIC. Component of preferred equity. Liability account. A) B) C) D) 24. Which of the following will increase total stockholders' equity? A) B) C) D) The distribution of a large stock dividend. None of these. The distribution of a small stock dividend. Both of these. 25. The single accounting number in the annual report that receives the most attention by investors is A) Total cash flows B) Total assets C) Net income D) Earnings per share 26. When calculating EPS, which of the following is not considered a potential common stock? A) B) C) D) Convertible preferred stock All of these are considered potential common stocks Stock options Convertible bonds

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