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Question 7 (1 point) At January 1, the beginning of the year, a company had 10,000 common shares outstanding. On February 19, the company issued

Question 7 (1 point)

At January 1, the beginning of the year, a company had 10,000 common shares outstanding. On February 19, the company issued 2,000 shares; and on September 9, the company declared and distributed a 10% stock dividend. At the end of the year, how many common shares are outstanding?

Question 7 options:

12,000

11,000

13,000

13,200

Question 8 (1 point)

A stock dividend is a distribution of

Question 8 options:

Cash to shareholders

Corporations own shares to shareholders

Another companys shares to shareholders

Property to shareholders

Question 9 (1 point)

All of the following are non-current liabilities except:

Question 9 options:

Bonds payable

Instalment notes payable

Capital lease liabilities

All of these options are non-current liabilities

Question 10 (1 point)

The amount that the issuing company must pay at the maturity date of bonds is called:

Question 10 options:

Face value

Par value

Maturity value

All of the above

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