272. Unearned Revenue usually turns into
     1. Liability B) Asset C) Expense D) Revenue

Net income (in millions)	$175
Preferred stock dividends (in millions)	$25
Common shares outstanding (in millions)	250
Stock price	$10.00

277) What is the company's price-earnings ratio?

A) 16.7. B) 14.3. C) 15.0. D) 5.7.

278. In a Stock Dividend
     1. Assets decrease, Liabilities increase.
     2. Assets decrease, Liabilities decrease.
     3. Assets don't change, Liabilities don't change.
     4. Assets increase, Liabilities decrease.
     5. Assets increase, Liabilities increase.

279. Which is riskier when raising money for a business
     1. there is no general rule, it depends on the terms of the borrowing or issuing the shares
     2. Borrowing is always riskier than issuing shares
     3. Issuing shares is always riskier than borrowing

280. The balance sheet of Subsidiary shows assets of $86,400 and liabilities of $15,000. The fair value of the assets is $90,000 and the fair value of its liabilities is $15,000. Parent paid $95,000 to acquire Subsidiary. Parent should record goodwill on this purchase of:

A) $3,600. B) $23,600. C) $20,000. D) $5,000.