The original price per share received by the firm on a single ...

[CBme]

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

[al]

Answer to Question 1

TRUE

Answer to Question 2

FALSE

[CBme]

Thanks for the timely response, appreciate it

[okolip]

Excellent