QUESTION 26 For a corporation, the two main component's of stookholder's equity are C) Common dividends and preferred dividends C) Common stock and preferred stock 'F". L/ Revenues and expenses 'F". L/ Paidin capital and retained earnings QUESTION 25 At the end of the 20XX business year, ABC Company reported a balance of inventory which was $50,000 more than the company had reported on the prior year's balance sheet. What section of a statement of cash flows would this appear under? O Operating O Investing O Financing O Non-cashQUESTION 24 The "cutoff" point that the public must own shares of a company's stock by ifthey wish to receive a dividend in the future is referred to as r\\_ L.) "he date of authorization r\\_ L.) "he date of declaration r\\_ L.) "he date of record /.. .___) "he date of payment QUESTION 23 ABC Company issues bonds at a bond price of 110. This purchase would require ABC Company to use a on bonds payable account. O Premium O Discount O Differential O DividendQUESTION 22 ABC Company issued bonds at a bond price of 90. This issuance would require the company to create a on bonds payable account. C3 Premium C) Discount k.) Differential C) Dividend QUESTION 19 When a mortgage has a xed monthly payment amount, the amount of that payment that is applied towards principal each month will and amount applied towards interest will C) Increase; decrease f"\\ L, Decrease; increase f"\\ L; Increase; increase f"\\ L.) Decrease; decrease QUESTION 16 Company A sold shares of Company B's stock for $10 per share. Company A originally purchased those shares for $5 per share three years ago. T journal entry to record the sale of these shares will contain a O Debit to loss on investment sale O Credit to loss on investment sale O Debit to gain on investment sale O Credit to gain on investment saleQUESTION 15 XYZ Company currently has 2,000,000 shares of $3 par common stock issued and outstanding. If the company enacts a 3-for-1 stock split, what will the par value of each of its common shares be after the split? O $1 O $3 O $9 O $6,000,000