Question 1 Not yet answered Marked out of 2.00 P Flag question Which of the following does not describe pure equity? Select one: O a. The amount of annual payments is not fixed. b. The initial investment amount does not have to be paid back to the investor. c. In the case of bankruptcy, equity investors are among the first to receive assets from the firm, O d. Annual payments to investors are optional eBook Print Question 2 Nexy Wartout of 2.00 P Q What is the name of a security that has optional annual payments of a fixed amount does not have to be paid back to the investor, and is second to the-last to receive assets from the firm in the case of bankruptcy? Select one a. Band b. Preferred Stock c. Convertible Subordinated Debenture d. Mandatory Redeemable Preferred Stock Question 3 Not yet answered Marked out of 2.00 P Flag question Which of the following statements is INCORRECT? Select one: a. "Additional Paid in Capital - Common Stock" is the value of common stock issued in excess of the par value. O b. Preferred Stocks generally do not have voting rights. O C. The number of outstanding shares is always larger than the number of authorized shares. d. The shareholder's equity is composed of Contributed Capital, Earned Capital, and Treasury Stock. O 4 Not yet answered Marked out of 200 P Flag question Which of the following statements is INCORRECT? Select one: a. Unrealized increases and decreases in value on securities held as investments (AFS investments) are included in Accumulated Other Comprehensive Income. b. Earned Capital consists of Retained Earnings and Accumulated Other Comprehensive Income. c. Treasury Stock is comprised of shares that the firm repurchases in the stock market. d. Shares of Treasury Stock cannot be reissued in the stock market Previous Save Answers Dusmus Muse Question 5 Not yet answered Marked out of 2.00 P Flag question Which of the following journal entries is INCORRECT for the described transaction? Select one: a. Declare Large Stock Dividend(>25%) of 20,000 shares with market price of $50 and Par of $1. Retained Earnings 20,000 Common Stock - Par 20,000 b. Declare Small Stock Dividend (