ACCT212DeVryWeek6CompleteWork

ACCT 212 DEVRY WEEK 6 COMPLETE WORK LATEST

ACCT 212 DeVry Week 6 Complete Work Latest

ACCT 212 DeVry Week 6 Discussion 1

When forming a company, the options are sole proprietor, partnership, and corporation. Most choose corporation. Why is the corporate form seen to be best? What rights do the stockholders have?

ACCT 212 DeVry Week 6 Discussion 2

Let’s start with gaining an understanding of the Statement of Cash Flows. From Exercise 12-17A, select one of the journal entries and explain how the accounts in the journal entry impact the statement of cash flows.

Acct 212 DeVry Week 6 Checkpoint

Question 1:

(TCO 7) The authority structure of a corporation would show the

board of directors delegating to the stockholders.

president delegating to the board of directors.

chief financial officer delegating to the board of directors.

stockholders delegating to the board of directors.

Question 2. Question :

(TCO 7) The basic unit of ownership for a corporation is

dividends.

stock.

retained earnings.

capital.

Question 3. Question :

(TCO 7) The price that the stockholder pays to acquire stock from the corporation is the

Par price.

Authorized price.

Offering price.

issue price.

Question 4. Question :

(TCO 7) Stock that a corporation purchases from shareholders is called

treasury stock.

authorized stock.

issued stock.

outstanding stock.

Question 5. Question :

(TCO 7) The authority more info to declare a dividend lies with the

CFO.

Shareholders.

SEC.

Board of Directors.

Question 6. Question :

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