Test Bank Chapter 16 Dilutive Securities and Earnings Per Share.
Antwoorden
Test Bank Chapter 16 Dilutive Securities and Earnings Per Share.
84 keer bekeken 0 keer verkocht
Vak
Test Bank Chapter 16 Dilutive Securities and Earnings Per Share.
Instelling
University
CHAPTER 16
DILUTIVE SECURITIES AND EARNINGS PER SHARE
IFRS questions are available at the end of this chapter.
TRUE-FALSE—Dilutive Securities—Conceptual
Answer No. Description
T 1. Accounting for convertible bond issue.
F 2. Reporting gain/loss on convertible debt retirement.
T 3. Rep...
test bank chapter 16 dilutive securities and earnings per share
Geschreven voor
University
Test Bank Chapter 16 Dilutive Securities and Earnings Per Share.
Alle documenten voor dit vak (1)
Verkoper
Volgen
solutions
Ontvangen beoordelingen
Voorbeeld van de inhoud
CHAPTER 16
DILUTIVE SECURITIES AND EARNINGS PER SHARE
IFRS questions are available at the end of this chapter.
TRUE-FALSE—Dilutive Securities—Conceptual
Answer No. Description
T 1. Accounting for convertible bond issue.
F 2. Reporting gain/loss on convertible debt retirement.
T 3. Reporting additional payment to encourage conversion.
F 4. Exercise of convertible preferred stock.
F 5. Convertible preferred stock exercise.
T 6. Allocating proceeds between debt and detachable warrants.
F 7. Allocating proceeds from nondetachable warrants.
T 8. Intrinsic value of a stock option.
F 9. Compensation expense in fair value method.
T 10. Service period in stock option plans.
F 11. Accounting for nonexercise of stock options.
F 12. Accounting for stock option forfeiture.
T 13. Cumulative preferred stock and EPS.
F 14. Restating shares for stock dividends and stock splits.
T 15. Stock dividend and weighted-average shares outstanding.
F 16. Preferred dividends and income before extraordinary items.
T. 17. Reporting EPS in complex capital structure.
F. 18. Dilutive stock options.
T 19. Contingent issue shares.
F 20. Reporting EPS for income from continuing operations.
MULTIPLE CHOICE—Dilutive Securities, Conceptual
Answer No. Description
d 21. Nature of convertible bonds.
d 22. Recording conversion of bonds.
b 23. Classification of early extinguishment of convertible bonds.
S
c 24. Reasons for issuing convertible debt.
S
a 25. Reporting gain/loss on conversion of bonds.
S
d 26. Accounting for conversion of preferred stock.
b 27. Recording conversion of preferred stock.
d 28. Bonds issued with detachable stock warrants.
d 29. Debt equity features of debt issued with stock warrants.
d 30. Classification of stock warrants outstanding.
P
d 31. Bonds issued with detachable stock warrants.
P
c 32. Distribution of stock rights.
S
b 33. Difference between convertible debt and stock warrants.
S
c 34. Characteristics of noncompensatory stock option plan.
a 35. Measurement of compensation in stock option.
c 36. Recognition of compensation expense in a stock option plan.
a 37. Compensation expense in a stock option plan.
d 38. Characteristics of noncompensatory stock purchase plan.
a *39. Compensation expense in an incentive stock option plan.
,16 - 2 Test Bank for Intermediate Accounting, Fourteenth Edition
MULTIPLE CHOICE—Dilutive Securities, Conceptual (cont.)
Answer No. Description
d *40. Stock appreciation rights plan.
b *41. Incentive stock option plan.
b *42. Share-based liability awards.
MULTIPLE CHOICE—Dilutive Securities, Computational
Answer No. Description
a 43. Conversion of convertible bonds.
b 44. Conversion of convertible bonds.
a 45. Exercise of stock purchase rights.
c 46. Conversion of convertible bonds.
b 47. Amortization of bond discount.
b 48. Unamortized bond discount related to converted bonds.
b 49. Conversion of convertible bonds.
d 50. Conversion of convertible preferred stock.
b 51. Bonds issued with detachable stock warrants.
c 52. Bonds issued with detachable stock warrants.
c 53. Bonds issued with detachable stock warrants.
c 54. Bonds issued with detachable stock warrants.
c 55. Recording paid-in capital from stock warrants.
b 56. Bonds issued with detachable stock warrants.
b 57. Exercise of stock purchase rights.
b 58. Bonds issued with detachable stock warrants.
c 59. Bonds issued with detachable stock warrants.
b 60. Recording paid-in capital from stock warrants.
b 61. Determine compensation expense in a stock option plan.
c 62. Determine compensation expense in a stock option plan.
c 63. Impact of stock options on net income.
b 64. Determine compensation expense in a stock option plan.
b 65. Determine compensation expense in a stock option plan.
d 66. Determine compensation expense in a stock option plan.
d 67. Determine paid-in capital amount in a stock option plan.
c 68. Determine compensation expense in a stock option plan.
c 69. Net income effect in a stock option plan.
c 70. Determine compensation expense in a stock option plan.
c 71. Impact of stock options on stockholders’ equity.
b 72. Determine compensation expense in a stock option plan.
a 73. Determine compensation expense in a stock option plan.
c 74. Issuance of treasury stock in a stock option plan.
b *75. Compensation expense recognized in first year in an SAR plan.
b *76. Compensation expense recognized in second year in an SAR plan.
a *77. Compensation expense recognized in third year in an SAR plan.
P
These questions also appear in the Problem-Solving Survival Guide.
S
These questions also appear in the Study Guide.
*This topic is dealt with in an Appendix to the chapter.
, Dilutive Securities and Earnings per Share 16 - 3
MULTIPLE CHOICE—Dilutive Securities, CPA Adapted
Answer No. Description
d 78. Cash proceeds from issuance of convertible bonds.
a 79. Bond issue with detachable stock warrants.
c 80. Compensation expense in a stock option plan.
c *81. Compensation expense recognized in an SAR plan.
MULTIPLE CHOICE—Earnings Per Share, Conceptual
Answer No. Description
c 82. Simple capital structure.
d 83. Computing EPS for a simple capital structure.
d 84. Computation of weighted-average shares outstanding.
c 85. Effect of treasury stock on EPS.
S
b 86. Reporting EPS by companies.
P
b 87. Diluted EPS and conversion of bonds.
d 88. Diluted EPS.
b 89. Dilutive convertible securities.
a 90. Cumulative convertible preferred stock income adjustment.
d 91. Treasury stock method.
a 92. Treasury stock method.
b 93. Treasury stock method.
d 94. Antidilutive securities.
d *95. EPS calculation with two dilutive convertible securities.
MULTIPLE CHOICE—Earnings Per Share, Computational
Answer No. Description
c 96. Weighted average number of common shares outstanding.
c 97. Weighted average number of common shares outstanding.
b 98. Weighted average number of common shares outstanding.
b 99. Weighted average number of shares outstanding.
c 100. Determination of shares used in computing EPS.
a 101. Computation of earnings per share.
c 102. Basic EPS with convertible preferred stock.
c 103. EPS and a stock split.
d 104. Weighted average number of common shares outstanding.
b 105. Diluted EPS and the treasury stock method.
b 106. Diluted EPS with convertible bonds.
c 107. Diluted EPS and contingent issuances.
d 108. Basic EPS.
c 109. Diluted EPS with convertible bonds and preferred stock.
d 110. Number of shares in computing diluted EPS.
c 111. Diluted EPS.
c 112. EPS and contingent issuances.
b 113. Diluted EPS with convertible bonds.
c 114. Diluted EPS with convertible bonds.
b 115. Diluted EPS with convertible bonds.
b 116. Diluted EPS.
d 117. Basic EPS with convertible bonds and convertible preferred stock.
, 16 - 4 Test Bank for Intermediate Accounting, Fourteenth Edition
MULTIPLE CHOICE—Earnings Per Share, Computational (cont.)
Answer No. Description
c 118. Diluted EPS.
b 119. Denominator in computing basic EPS and DEPS with convertible bonds.
b 120. Shares outstanding for basic EPS and DEPS.
b 121. Basic EPS with convertible preferred stock.
c 122. Diluted EPS with convertible bonds.
a 123. Basic EPS and DEPS with convertible bonds issued during year.
c 124. Basic EPS with convertible preferred stock and convertible bonds.
b 125. DEPS with convertible preferred stock and convertible bonds.
c 126. DEPS and the treasury stock method.
d 127. DEPS using the treasury stock method.
MULTIPLE CHOICE—Earnings Per Share, CPA Adapted
Answer No. Description
b 128. Determine earnings per common share.
b 129. Determine earnings per common share.
d 130. Determine diluted EPS.
b 131. Number of shares to calculate diluted EPS.
b 132. DEPS with convertible securities.
d 133. Effect of dividends on nonconvertible preferred stock.
a 134. "If converted" method.
EXERCISES
Item Description
E16-135 Convertible bonds.
E16-136 Convertible bonds (essay).
E16-137 Convertible debt and debt with warrants (essay).
E16-138 Stock options.
E16-139 Weighted average shares outstanding.
E16-140 Earnings per share (essay).
E16-141 Earnings per share.
E16-142 Diluted earnings per share.
*E16-143 Stock appreciation rights.
PROBLEMS
Item Description
P16-144 Convertible bonds and stock warrants.
P16-145 Earnings per share.
P16-146 Basic and diluted earnings per share.
P16-147 Basic and diluted earnings per share.
P16-148 Basic and diluted earnings per share.
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
√ Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper solutions. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €13,75. Je zit daarna nergens aan vast.
