F) On January 1, 2021, the board of directors of Goby Inc. declared a $540,000 dividend. The following data is from the balance sheet of Goby on that date: CS 500,000 Paid-in capitalexcess of par 300,000 Retained earnings 400,000 Paid-in capitalshare repurchase 50,000 How much is the liquidating dividend? $140,000. $240,000. $290,000. None of these answer choices are correct.

G)The projected benefit obligation: contains periodic service cost, accrued interest, revised estimates, plan amendments, and the payment of benefits. is the pension benefit obligation that is not contingent upon an employee's continuing service. is the discounted present value of retirement benefits calculated by applying the pension formula with no attempt to forecast what salaries will be when the formula actually is applied. is the present value of retirement benefits calculated by applying the pension formula in which the actuary includes projected salaries in the pension formula.

H) Which of the following statements is true with regard to preferred stock (preference shares)? Most preferred stock (preference shares) is reported under U.S. GAAP as debt. Most preferred stock (preference shares) is reported under IFRS as equity. Under U.S. GAAP, mandatorily redeemable preferred stock is reported as equity. Under IFRS, preferred stock dividends are reported in the income statement as interest expense. I) The following partial information is taken from the comparative balance sheet of Levi Corporation: What was the average price of the additional treasury shares purchased by Levi during 2021? $11 per share. $12 per share. $12.50 per share. None of these answer choices are correct.

J) Oregon Co.'s employees are eligible for retirement with benefits at the end of the year in which both age 60 is attained and they have completed 35 years of service. The benefits provide 15 years' reimbursement for health care services of $20,000 annually, beginning one year from the date of retirement.

Ralph Young was hired at the beginning of 1985 by Oregon after turning age 22 and is expected to retire at the end of 2023 (age 60). The discount rate is 4%. The plan is unfunded. The PV of an ordinary annuity of $1 where n = 15 and i = 4% is 11.11839. The PV of $1 where n = 2 and i = 4% is 0.92456.

What is the present value of Ralph's net benefits as of his expected retirement date, rounded to the nearest dollar?

$166,580. $222,368. $300,000. None of these are correct.

12/31/2021 12/31/2020 Shareholders' equity Common stock, $5 par; 20 million shares authorized; 15 million shares issued and 9 million shares outstanding at 12/31/2021; and million shares issued and shares outstanding at 12/31/2020. Additional paid-in capital on common stock Retained earnings Treasury common stock, at cost, 6 million shares at 12/31/2021 and 4 million shares at 12/31/2020 Total shareholders' equity $ 75 million 520 million 197 million $ 45 million 392 million 157 million (72 million) $720 million (50 million) $544 million