Review and I am missing these ):) ABC Company has a 2-for-1 stock split of 50,000 shares of $2 par value stock.

Please help! Review and I am missing these ):

1.) ABC Company has a 2-for-1 stock split of 50,000 shares of $2 par value stock. After the split, there are 100,000 shares of $2 par value stock

True

False

2.) Harry's Motor Corporation had net income of $325,000 for 2016. Also during 2016, the company paid out $10,000 in dividends and repurchased 20,000 shares of treasury stock at $10 per share. The total change in stockholders' equity was $115,000.

True

False

3.) The following is selected balance sheet and income statement information for Lopez Company for 2016:

Current Assets  $48,062

Gross Profit on Sales  $200,680

Net Sales  $450,009

Net Income  $45,216

Average Total Assets  $273,710

Average Common Stockholders' Equity  $151,668

Lopez Company's return on sales is 20%

True

False

4.) The following is selected balance sheet and income statement information for Lopez Company for 2016:

Current Assets  $48,062

Gross Profit on Sales  $200,680

Net Sales  $450,009

Net Income  $45,216

Average Total Assets  $273,710

Average Common Stockholders' Equity  $151,668

Lopez Company's gross profit percentage is 44.6%

True

False

5.) One key measure of profitability is the debt-to-equity ratio.

True

False

6.) Income effects of discontinued operations are reported separately from continuing operations on the income statement.

True

False

7.) Solvency ratios measure a company's ability to meet its debt obligations and continuing operating over time.

True

False

8.) Vertical analysis examines changes in financial data across time.

True

False

9.) Which of the following is not a cash equivalent for purposes of preparing a statement of cash flows?

Investment in commercial paper

Investment in Treasury bills

Investment in common stock of other companies

Investment in a money market fund

10.) To qualify as a cash equivalent, an investment must be:

convertible to cash after a 90 day period

Convertible into a known cash amount

convertible into a known amount of cash within a 90-day period

11.) Treasury stock is

Stock of other corporations owned by a corporation

A corporation's own stock that will never be sold again

A corporation's own stock that has been reacquired and held for future use

A U.S. government security

12.) Which of the following is an organizational disadvantage of a corporation?

Separate legal entity

Pays tax on its earnings

Relative ease of ownership transfer

Limited liability of owners

13.) Gomez Company has 50,000 shares of $200 par value, 8% cumulative preferred stock and 160,000 shares of $120 par value common stock. Francisco declares and pays cash dividends amounting to $880,000. If no arrearage on the preferred stock exits, how much in total dividends is paid to each class of stock? 

Preferred $800,000 / Common $80,000

Preferred $640,000 / Common $240,000

Preferred $256,000 / Common $624,000

Preferred $880,000 / Common $0

14.) If a company issues 10,000 shares of $4 par value common stock at a market price of $60 per share, which of the following is the correct balance sheet entry?

Increase cash by $600,000 and increase retained earnings by $600,000

Increase common stock and cash by $40,000

Increase revenues by $600,000

Increase cash by $600,000 and increase paid-in capital by $600,000