Homework Clinic
Social Science Clinic => Business => Finance => Topic started by: CBme on Jul 11, 2018
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The original price per share received by the firm on a single issue of common stock is equal to the sum of the common stock and paid-in capital in excess of par accounts divided by the number of shares outstanding.
Indicate whether the statement is true or false
Question 2
The statement of cash flows reconciles the net income earned during a given year, and any cash dividends paid, with the change in retained earnings between the start and end of that year.
Indicate whether the statement is true or false
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Answer to Question 1
TRUE
Answer to Question 2
FALSE