Which of the Following Factors Are Subject to Change Due

question 57

Multiple Choice

Which of the following factors are subject to change due to company sales?

• A)retained earnings
• B)number of shares of common stock authorized
• C)stock at par
• D)additional paid in capital

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Definitions:

Decimal Places

The tally of numbers present right of the decimal point in a given number.

Annual Interest Rate

The percentage rate charged or paid over a period of one year for a loan or investment.

Compounds Interest Continuously

The process of calculating interest on both the initial principal and the accumulated interest from previous periods, assumed to be compounded infinitely often per period.

Nearest Tenth

Rounding a number to one decimal place, or to the closest tenth.