Finance Questions

Statement: "SYSTEMATIC RISK IS BOTH UNPREDICTABLE AND IMPOSSIBLE TO COMPLETELY AVOID." True or False and why?

Refurbish, Inc., bought 1,000 shares of its own stock for $8,000. Later it reissued the shares for $10,000. The journal entry to record the sale of treasury stock includes a(n) ______.

_________ per share equals Net Income divided by the average shares of common stock ___________. (assume no preferred stock).

similar to a stock split, a stock __________ also distributes additional shares of stock to existing stockholders on a pro rata basis at no cost to the stockholders.

_____________ reports the cumulative amount of net income earned by the company less the cumulative amount of dividends since the corporation began.

Which of the following line item amounts would be under the Retained Earnings column of a statement of stockholders' equity?

Earnings per share (EPS) equals ______ divided by the average shares of common stock outstanding. (Assume no preferred stock has been issued.)

Which of the following line items would be found on a statement of stockholders' equity that would not be on the statement of retained earnings?

Dividends Payable is recorded as a credit on the ______.

Refurbish, Inc., reissued 1,000 shares of its treasury stock for $10,000. Prior to the reissuance, the Treasury Stock balance was $12,000, which included the $8,000 cost of the 1,000 shares reissued. After recording this transaction, ______.

When does a corporation record an increase in Dividends Payable?

Refurbish, Inc. bought 1,000 shares of its own stock at $8 a share. Later, it reissued the shares for $10,000. The effect of the entry to record the sale of treasury stock on the accounting equation includes a(n) ______.

The journal entry to record reissuing treasury stock at a price below the cost of the treasury stock includes a ______.

According to Section 1616, what are the 3 factors in determining a reasonable price for the government?

Which part of the FAR identifies costs as either allowable or allocable?

If Government Furnished Property is a factor and one contractor chose to use it and one didn't, this would set up a price related factor situation. What would the price analyst need to do at this point?

What are the three common estimating methods a contractor uses for his proposals?

Which part of the FAR identifies costs as allowable(2) or allocable(4)?

For reasons of practicality, the contractor may treat any direct cost of a __________________________as an indirect cost if the accounting treatment?

How do you recalculate the price of an item from one price index time period to another?