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1

Retained earnings that are voluntarily restricted as a way of informing shareholders that dividends will be limited or not paid are called retained earnings.
2

Retained earnings that are not available for dividends because of legal or contractual limitations are called retained earnings.
3

The formula of (Net income - Preferred dividends)/Weighted- Average Common Shares Outstanding will determine the earnings per share.
4

Corrections to previous predictions about future events and outcomes, such as salvage value and useful lives of operating assets are referred to as changes in accounting .
5

When a company with operations id different segments sells a segment, the sold segment is known as a .
6

The amount of income earned by each share of a company's outstanding common stock is referred to as per .
7

The maximum number of shares that a corporation can sell is referred to as their - shares.
8

The number of shares that a corporation has issued to shareholders are referred to as shares.
9

(EXTRAORDINARY or INFREQUENT) is the type of gain or loss that is reported separately from continuing operations because it is both unusual and infrequent.
10

A distribution of corporate assets in the form of additional shares of stock is called a dividend, or dividend.
11

A correction of a material error in a previous year that is reported in the statement of retained earnings net of any income tax effects is called a .
12

When a corporation calls in its shares and replaces each share with three new shares, it has performed a stock .
13

A component of a company's operations that serves a particular line of business and for which the financial results of its operations can be distinguished from other parts of the business is a called a of the business.
14

Shares that were reacquired and are still held by the issuing corporation are called shares.
15

A gain or loss that is abnormal or otherwise unrelated to the ordinary activities and environment of the business is called an gain or loss.
16

When a corporation repurchases and cancels its own shares, this is called .
17

is an act by a corporation to call in its shares and replace each share with less than one new shares.





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