All of the Following Must Be Included on a Company's

question 107

Multiple Choice

All of the following must be included on a company's balance sheet except:

• A)capital leases.
• B)sale and leaseback agreements.
• C)operating leases.
• D)leveraged leases.

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Definitions:

Treasury Stock

Shares that were issued and then reacquired by the issuing company, reducing the amount of outstanding stock.

Earnings Per Share

A financial metric used to measure a company's profitability, calculated as net income divided by the number of outstanding shares of its common stock.

Common Stock

A type of security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits.

Preferred Stock

A class of shares offering ownership in a company with fixed dividends and priority over common stock in asset liquidation, but typically without voting rights.