Which of the following is not a component of paid-in capital (APIC)? a. Amounts invested by shareholders when they purchase shares of stock from the corporation b. The cost of shares previously sold to shareholders that are bought back by the corporation c. Amounts arising from share-based compensation activities d. Amounts arising from share repurchases

Bonds require two payments due as follows: a. Semi-annual interest payment, and par value due at maturity b. Dividend payable semi-annually, and par value due at maturity c. Dividend payable semi-annually, and interest due at maturity d. Par value due at maturity, and interest due at maturity

Which of the following transactions would increase a companys liquidity ratios? a. Receive cash from customers on accounts receivable b. Purchase office supplies with cash c. Pay dividends to shareholders d. Borrow cash by signing a three-year note

An estimated liability is a known obligation of an uncertain amount, but one that a. cannot be reasonably estimated b. can be reasonably estimated c. is a current liability d. All of the above are correct

The uncertainty of Liabilities means which of the followings: a. Uncertainty in Whom to Pay b. Uncertainty in When to Pay c. Uncertainty in How Much to Pay d. All of the above are correct JJAY has the following liabilities. Identify which of the liabilities are known obligation a. Accounts Payable, Unearned Revenues and Payroll Liabilities b. A students lawsuit, legal case, that has a remote chance for settlement. c. A professors worker compensation case of material amount that is reasonably possible d. Both a, and b above are correct.