The right of common shareholders to purchase thelr proportional share of any common stock later Issued by the corporation is called a: Muliple Choice Voting right Proxy right Right to cal Financlal ieverage Preemptive right Treasury stock is classlfied as Mutiple Choice An asset accoun A lability account. A revenue account A contra asset account A contra ecuty account Which of the following is true of a stock dividend? Multiple Choice Reduces a corporation's assets and stockholders' equity Does not affect total equfty, but transfer amounts between the components of equity. ( The decision to declare a stock dividend resides with the shareholders. It Is a lability on the balance sheet Transfers a portion of equity from retained earnings to a cash reserve account. The following data were reported by a corporation Authorized shares 20,800 Issued shares Treasury shares 15,000 3,806 The number of outstanding shares is: Mutiple Choice 23,000 17.000 20,000 15,000 12.000 The price earnings ratio is calculated by dividing 18 Multiple Choice Earnings per share by market value per share Market value per share by earnings per share DiMdends per share by market value per share Dividends per share by earnings per share. Market value per share by dividends per share