Question 16 The number of shares of issued stock equals: Not yet answered Points out of 2.5 Flag question Select one: a. Unissued shares minus treasury shares b. Outstanding shares plus treasury shares c. Subscribed shares plus outstanding shares d. Authorized shares minus treasury shares Which of the following affects total stockholders' equity? Question 17 Not yet answered Points out of 2.5 Flag question Select one: a. Stock Split b. Stock Dividend c. Cash Dividend d. Bond Issuance A company shows the following balances: Sales $1,000,000 175,000 Sales Returns and Allowances Sales Discounts Cost of Goods Sold 25,000 600,000 What is the gross profit rate? Select one: a. 60% O b. 75% c. 40% O d. 25% When the FIFO method is used, ending inventory is assumed to consist of: Select one: a. The most recently purchased units b. The oldest units C. The units with the highest per unit cost d. The units with the lowest per unit cost