Based on the information in Table 3-1, assuming that no common ...

[Hungry!]

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

[Gabe]

Answer to Question 1

C

Answer to Question 2

B

[Hungry!]

YES! Correct, THANKS for helping me on my review

[bblaney]

Thanks for the timely response, appreciate it