Hello! I hope someone can help me with my quiz. I'm willing to give helpful rate for who can help me with these:

1.Corporate shares issued, still held by the shareholders and/or circulating among shareholders.

A. Issued Shares

B. Subscribed shares

C. Outstanding shares

D. Authorized shares

2.Total stockholders' equity of Honest Corporation is P748,125 at December 31, 2020 with total 50,000 shares issued.The authorized capital stock is P1,000,000 at P10 par value and there are 2,500 treasury shares.What is the book value per share ?

Question 2 options:

P15.75

P14.96

P7.48

P7.67

3.ABC Corp. received common stock subscription of 1,500 shares each from five incorporators with 35% down payment.The par value of the common shares is P50 each.The subscription price is pegged at P80 per share.How much cash will be collected from the stock subscription ?

Question 3 options:

P375,000

P225,000

P210,000

P131,250

4.The authorized capital stock of August Incorporated is 400,000 shares at P20 par value.The Board of Directors proposed that the shares be sold at P45 each.The seven incorporators decided to subscribed 50% of the authorized capital and pay 25% as down payment.How much will be recorded as Share premium ?

Question 4 options:

P5,000,000

P2,250,000

P1,250,000

P4,000,000

5.Distribution of corporate earnings in the form of non-cash assets of the corporation.

Question 5 options:

Cash dividend

Scrip dividend

Stock dividend

Property dividend

6.Responsible for the overall supervision of the corporation, establishes corporate goals and policies, evaluate management performance, declares dividends and act on legal matters.

Question 6 options:

Board of Directors

Executive Committee

Chairman of the Board

President

7.Stock dividend increases the total issued shares and the capital stock account since it represents re-invested capital from accumulated earnings.

Question 7 options:

True or False

8.A written acknowledgment by the corporation of the stockholder's interest in the corporation and its net assets.

Question 8 options:

Capital stock

Subscription certificate

Scrip dividend certificate

Stock certificate

9.Restriction made on corporate accumulated earnings so as not to be made available for dividend declaration.

Question 9 options:

Restricted Retained earnings

Appropriated retained earnings

Unappropriated retained earnings

Treasury stock appropriation

10.The manner of election in a stock corporation is cumulative voting where shareholder is entitled to cast votes equal to the number of shares he/she owns multiplied by the number of board of trustees to be elected.

Question 10 options:

True OR False

11.After the shares are issued to shareholder, the same may be given to others through sale, donation, or through the stock market.

Question 11 options:

Right of succession

Transferability of interest

Corporate ownership

Lack of control

12.To maintain the interest holding of a shareholder in a corporation, he/she must be willing to buy additional shares proportionately every time the corporation will issue new shares at the price set forth.

Question 12 options:

True OR False

13.The minimum permanent investment and cannot be distributed to the shareholders in the lifetime of the corporation.

Question 13 options:

Trust fund doctrine

Legal capital

Subscribed capital

Paid-up Capital

14.The book value per share increases when the corporation issue additional shares at any amount higher than its par value.

Question 14 options:

True OR False

15.Mathew owns 35,000 shares of Good News Corporation.The annual stockholders meeting is scheduled on September 30 for the election of 13 new board members.The Good News Corp, total issued shares were 250,000 of which 5,000 are treasury share.Mathew wish to seat in the board, how many board seat can he get ?

Question 15 options:

one seat

two seats

three seats

four seats

16.Stocks issued for a consideration less than par or issued price thereof are called delinquent stocks.

Question 16 options:

True OR False

17.Undistributed profits of the corporation during its life time.It is increased by the annual net income and reduced by payments of dividends.

Question 17 options:

Shareholders' equity

Retained earnings

Appropriated retained earnings

Unappropriated retained earnings

18.Corporation organized for the accomplishment of its functions such as the national government, provincial, city or municipality.

Question 18 options:

Close corporation

Private corporation

Open corporation

Public corporation