Which security has a "residual claim" on a company's cash flows? (62/13) a) Equity b) Preferred shares c) Treasury bond d) Subordinated debt e) Senior debt.
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34) Which security has a "residual claim" on a company's cash flows? (62/13)
a) Equity
b)
c) Treasury bond
d) Subordinated debt
e) Senior debt.
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- What is the difference between total assets and total liabilities?a) Dividendb) Bond sinking fundc) Shareholder equityd) Cash BalanceWhich is a correct statement below? A. Equity is the residual interest in the liabilities of the entity after deducting all of its assets.B. Subscriptions receivable shall preferably be reflected as a deduction from the related subscribed share capital.C. Share premium is also known as capital stock.D. A deficit is a credit balance in retained earnings.5. How is the treasury share account presented in the Statement of Financial Position? a. deducted from accumulated profits b. deducted from shareholders’ equity c. part of reserves d. current asset
- Which one of the following is referred as debt finance? a. Purchase of T-Bills. O b. Sale of bonds. O c. Issue of equity shares С. d. Issue of Preference shares15. The amortization of bond premium on long-term debt should be presented in a statement of cash flows (using the indirect method for operating activities) as a(n) deduction from net income. investing activity. addition to net income. financing activity.Stockholders equity consists of which of the following? A. bonds payable B. retained earnings and accounts receivable C. retained earnings and paid-in capital D. discounts and premiums on bond payable
- 3. Which of the following categories of investments are reported at their fair values on the balance sheet and have unrealized holding gains and losses included as a separate component of stockholders' equity? a. held-to-maturity debt securitiesb. marketable securitiesc. available-for-sale securitiesd. trading securities2. The value of the warrants attached to a debt security (detachable) is accounted as: a) Liability b) A part of share capital c)An appropriation of retained earnings d) A separate portion of share premiumPlease question #4 of P9.26. Calculate the resulting gain or loss. What is the impact of the gain or loss on Bonds payable, Bond discount and Cash? Where will the gain/loss be reported n the company's statement of cash flows?
- 17) Which one of the following is NOT a 'Money Market Instrument'? Select one: O a. Treasury Bills O b. Certificate of Deposit O c. Equity Shares O d. Commercial PaperWhich of the following is not a capital market instrument? a. Corporate stock b. Mortgages c. Corporate bonds d. Repurchase agreement7. Which of the following dividends are not considered current liabilities when declared? a. property dividendsb. stock dividendsc. scrip dividendsd. cash dividends