In<br/>a reverse stock split:() A: the<br/>number of shares outstanding increases and owners’ equity<br/>decreases. B: the<br/>firm buys back existing shares of stock on the open market. C: the<br/>firm sells new shares of stock on the open market. D: the<br/>number of shares outstanding decreases but owners’ equity is<br/>unchanged. E: shareholders<br/>make a cash payment to the firm.

Which of the following is an aim of a stock split? A: To increase the number of shares on issue and so affect the capital structure B: To reduce the dividend payments C: To increase the share price D: To try to improve the liquidity of shares

To increase the Money Supply, a Central Bank can: ( ) A: Increase<br/>the Reserve Requirement. B: Reduce<br/>the Reserve Requirement. C: None<br/>of the above.

Which of the following is not a temporary account?（ ）。 A: Expense B: Revenue C: Common Stock D: Dividends

MAKE ENTRY FOR THE FOLLOWING TRANSACTION.The company was organized and capital stocks are issued for cash, $100,000. A: Cash in Bank 100,000Capital Stock 100,000 B: Capital Stock 100,000Cash 100,000 C: Cash in Bank 50,000Capital Stock 100,000 D: Cash in Bank 100,000Capital Stock 50,000