Matching
Match the items below by entering the appropriate code letter in the space provided.
Premises:
A component of an enterprise that has been disposed of or is reclassified as "held for sale"
This ratio indicates how much profit is paid out in the form of cash dividends.
All increases and decreases to shareholders' equity except for those from share and dividend transactions.
A pro rata distribution of the corporation's own shares to shareholders.
A change in estimates used because new information is available that indicates a change.
Shows all of the changes in contributed capital, retained earnings, and accumulated other comprehensive income.
A ratio that indicates the profit earned by each common share
Any shares purchased or issued during the year are weighted by the fraction of the year they are outstanding.
The use of a policy in the current year that is different from the one used in the preceding year
The correction of an error in previously issued financial statements.
The issue of additional shares to shareholders
A corporation reacquires its own shares but does not retire or cancel them.
Responses:
Discontinued Operations
Statement of changes in shareholders' equity
Treasury shares
Weighted average number of shares
EPS
Stock dividend
Payout ratio
Prior period adjustment
Change in accounting estimate
Comprehensive income
Change in accounting policy
Stock split
Correct Answer:
Premises:
Responses:
A component of an enterprise that has been disposed of or is reclassified as "held for sale"
This ratio indicates how much profit is paid out in the form of cash dividends.
All increases and decreases to shareholders' equity except for those from share and dividend transactions.
A pro rata distribution of the corporation's own shares to shareholders.
A change in estimates used because new information is available that indicates a change.
Shows all of the changes in contributed capital, retained earnings, and accumulated other comprehensive income.
A ratio that indicates the profit earned by each common share
Any shares purchased or issued during the year are weighted by the fraction of the year they are outstanding.
The use of a policy in the current year that is different from the one used in the preceding year
The correction of an error in previously issued financial statements.
The issue of additional shares to shareholders
A corporation reacquires its own shares but does not retire or cancel them.
Premises:
A component of an enterprise that has been disposed of or is reclassified as "held for sale"
This ratio indicates how much profit is paid out in the form of cash dividends.
All increases and decreases to shareholders' equity except for those from share and dividend transactions.
A pro rata distribution of the corporation's own shares to shareholders.
A change in estimates used because new information is available that indicates a change.
Shows all of the changes in contributed capital, retained earnings, and accumulated other comprehensive income.
A ratio that indicates the profit earned by each common share
Any shares purchased or issued during the year are weighted by the fraction of the year they are outstanding.
The use of a policy in the current year that is different from the one used in the preceding year
The correction of an error in previously issued financial statements.
The issue of additional shares to shareholders
A corporation reacquires its own shares but does not retire or cancel them.
Responses:
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