ACCT 504 (ACCT 50)

Devry University-Chicago

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 ACCT 504 MIDTERM exam answers(VERIFIED)
  • ACCT 504 MIDTERM exam answers(VERIFIED)

  • Study guide • 7 pages • 2020
  • Question 1.1. (TCO A) Which of the following accounts is recorded as part of stockholders’ equity on the Balance Sheet? (Points : 3) Long-term debt Retained earnings Revenue Expenses Question 2.2. (TCO B) For 2014, EAB Corporation reported net income of $78,750; net sales of $1,378,125; and weighted average shares outstanding of 10,500. There were no preferred dividends. What was the 2014 earnings per share? (Points : 3) $17.50 $7.50 $7...
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