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will the effect on A increase S00.000 B) deceSSO,000 C) increase $3.000.000 D) decrease $3.000.000 En effect LOOOO 10!!! ODA 0000 inal 13) Marvellina Company
will the effect on A increase S00.000 B) deceSSO,000 C) increase $3.000.000 D) decrease $3.000.000 En effect LOOOO 10!!! ODA 0000 inal 13) Marvellina Company reports the following Common Stock. $0.10 par value per shite Paid-in Capital in Excess of Par-Common Retained Earnings Total Stockholders' Equity for the cu 594 malo How many shares of common stock are currently issued? A) 924 million B) 94 million 994 million D) 940 million 600 million $1594 million (0 14) Dough-Nutt Company reports the following information at the current fiscal year and of Decembet a40 Milton aux b Common Stock, $0.10 par value per share $98 million Paid-in Capital in Excess of Par-Common 600 million Retained Earnings 900 million Total Stockholders' Equity $1598 million What was the average selling price for the common stock issued? A) $0.61 per share B) $0.10 per share C) $0.71 per share D) $0.92 per share 15) Preferred stock is NOT similar to debt (bonds) in which way?! A) preferred dividends are not tax-deductible whereas interest expense is tax-deductible. B) preferred dividends do not have to be paid whereas interest expense must be paid. C) preferred stock does not have a maturity date whereas bonds usually have a maturity date. D) all of the above ways
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