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For each of the following transactions, indicate the section in which it may be included. Use O for the operating section, I for the investing activities section, F for the financing section, S for a separate schedule of noncash investing and financing activities, and N for items not disclosed on the statement of cash flows.
________ a. Paid cash dividends
________ b. Paid interest on a short-term note payable
________ c. Sold treasury stock for cash
________ d. Converted debt to common stock
________ e. Paid accounts payable
________ f. Paid salaries
________ g. Received cash dividends
________ h. Sold merchandise for cash
________ i. Acquired a patent by issuing common stock
________ j. Purchase of land using preferred stock
________ k. Received stock dividends
Common Dividends
Dividends that are paid out to holders of common shares from a company's earnings, often fluctuating with the company's profitability.
Basic Earnings Per Share
A measure of a company's profitability calculated by dividing the net income by the average number of common shares outstanding.
Market Measures
Metrics and indices used to assess and compare the performance, risk, and valuation of stocks or securities within the financial market.
Price-Earnings
A ratio used to evaluate a company's stock price relative to its per-share earnings, indicating the value that investors put on a company's earning power.
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