Author Question: Based on the information in Table 3-1, assuming that no common stock was repurchased during the ... (Read 67 times)

Hungry! · **on:** Jul 11, 2018

Based on the information in Table 3-1, assuming that no common stock was repurchased during
the year, the firm issued how much new common stock during 2010?

A) 500 B) 2,000 C) 1,500 D) 1,000

Question 2

When constructing pro forma income statements which of the following is the last item to be estimated?

A) sales
B) the change in retained earnings
C) depreciation expense
D) taxes