Question 10 (1 point) In the case of liquidation, where do preferred shareholders rank? before creditors and common shareholders after creditors and common shareholders after creditors and equally with common shareholders before common shareholders and after creditors Question 11 (1 point) Unrealized gains and losses from the revaluation of certain types of investments to fair value would be reported on the income statement. the statement of financial position. the statement of changes in shareholders' equity. the comprehensive income statement. Calypso Inc. issues 100,000 shares at $10 / share in January. Later that year the company is able to repurchase 9,000 of these shares at $11 per share. The balance in the contributed surplus account is $0 prior to the share repurchase. The effect of this is a decrease to the share capital account of $99,000. an increase to the contributed surplus account of $9,000. a increase to total shareholders' equity of $99,000. a decrease in retained earnings by $9,000. Question 13 (1 point) Which of the following is a reason a company would declare a stock split? to increase the marketability of its shares to increase the share price in the market to increase the value of the company to increase the share capital of the company