Counterintelligence Awareness & Reporting Course for DOD Exam Solved Questions & Answers Graded A+

C249 WGU Intermediate Accounting 2 benefits of preferred stock - ✔✔ preference as to dividends, to assets in the event of liquidation, and convertible into common stock. preemptive stock right - ✔✔ protects from involuntary dilution of ownership interest (also known as stock right or warrant) standard rights & priveleges - ✔✔ to share proportionately in profits/losses, the right to vote for management, corporate assets up on liquidation, and any new issues of stock of the same class (preemptive right). reasons why companies purchase their outstanding stock - ✔✔ tax efficient distributions of excess cash to shareholders, to increase earnings per share, to provide stock for e mployee stock compensation plans, to twart takeover attempts and to make a market in the stock. cost method - ✔✔ reporting the treasury stock at acquistion cost until its sold. par-value method - ✔✔ reporting transactions at par value deducting from capita l stock only. cumulative preferred stock - ✔✔ requires payment of dividends in prior years before common stockholders. participating preferred stock - ✔✔ are shared ratably with common shareholders in any profit contributions. convertible preferred stock - ✔✔ allows for an option to exchange for common stock callable preferred stock - ✔✔ the option to call or redeem the shares at specified future dates and at stipulated prices. redeemable preferred stock - ✔✔ mandantory redemption period that the issuer cannot control. property dividend (dividends in kind) - ✔✔ dividends paid in merchandise, real estate, or investments (anything but cash) liquidating dividends - ✔✔ dividends based on other than retained earnings common stock - ✔✔ share capital -ordinary preferred shares - ✔✔ preferred stock statement of changes in equity - ✔✔ statement of stockholder's equity share premium - ✔✔ additional paid -in capital all dividends(but stock div idends) reduce the total what? - ✔✔ stockholder's equity approve resolution - ✔✔ date of declaration declared it payable - ✔✔ date of payment to all stockholders of record - ✔✔ date of record companies do not declare or pay cash dividends on what? - ✔✔ treasury stock a declared cash dividend is a what? - ✔✔ liability (current)