The payout ratio is computed by dividing dividends paid per share by net income total cash dividends paid to common stockholders by retained earnings total cash dividends paid to common stockholders by net income 0 dividends paid per share by year-end stock price. Multiple Choice Question 87 Unearned Rent Revenue is D a contra account to Rent Revenue. 0a revenue account. D reported as a current liability. decreased when rent is received in advance Click if you would like to Show Work for this question: Qpen Show Work Multiple Choice Question 200 Which of the following is not a significant date with respect to dividends? @The payment date. D The record date. @ The incorporation date. @The declaration date. Click if you would like to Show Work for this question: Open Show Work 44 Multiple Choice Question 1 Bond discount should be amortized to comply with Othe revenue recognition principle. the expense recognition principle. the historical cost principle. Oconservatism. Click if you would like to Show Work for this question: Qpen Show Work Multiple Choice Question 130 If bonds are issued at a premium, the stated interest rate is O too low to attract investors. O lower than the market rate of interest. O adjusted to a higher rate of interest O higher than the market rate of interest. Click if you would like to Show Work for this question: Open Show Wo Multiple Choice Question 127 If the market rate of interest is greater than the contractual rate of interest, bonds will sell D at a premium. at face value. C at a discount only after the stated rate of interest is increased. Q Click if you would like to Show Work for this question: Multiple Choice Question 188 The date on which a cash dividend becomes a binding legal obligation is on the O last day of the fiscal year end. O date of record. O declaration date payment date. Click if you would like to Show Work for this question: Open Shovw Multiple Choice Question 143 In the balance sheet, the account Discount on Bonds Payable is O added to bonds payable. D classified as a revenue account. O deducted from bonds payable. O classified as a stockholders' equity account. click if you would like to Show Work for this question: Open Show Work Multiple Choice Question 180 Dividends in arrears on curnulative preferred stock O should be recorded as a current liability until they are paid. e enable the preferred stockholders to share equally in corporate earnings with the common stockholders never have to be paid, even if common dividends are paid. O must be paid before common stockholders can receive a dividend. Click if you would like to Show Work for this question: Open Show Work Multiple Choice Question 197 A corporation records a dividend-related liability D on the payment date. on the record date 9when dividends are in arrears. on the declaration date. Click if you would like to Show Work for this question: Open Show Work Multiple Choice Question 134 The market rate of interest is often called the O effective rate. O contractual rate. O stated rate. coupon rate. Qpen Show Work Click if you would like to Show Work for this question: on this 0 The investment community looks favorably on companies with dividends in arrears, since the m Click if you would like to Show Work for this question: Open Show Work With an interest-bearing note, the amount of assets received upon issuance of the note is gen O equal to the note's face value. O greater than the note's face value. less than the note's face value O equal to the note's maturity value