QUESTION 13 The excess of the sales price of treasury stock over its cost should be credited to O A Paid-in Capital from Treasury Stock O B. Treasury Stock o C. Extraordinary Gain O D. Retained Earnings QUESTION 14 The face value for a share of stock, which may be specified in a corporate charter, is the stock's: o A Book value o B. Liquidation value C. Stated value D. By value QUESTION 15 Which best describes par value for stock? O A The value at which stock shares were issued o B. An arbitrary amount set by the company for each share of stock C. The amount expected to be paid out as a dividend on a share of stoclk D. The current market value of the stock QUESTION 16 Which benefits do convertible preferred stockholders hold? The securities carry a fixed dividend yield The securities carry a senior claimant position in bankruptcy ll The owner can convert the debt or equity security into another equity security Click Save and Submit to save and submit. Click Save All Answers to save all answers