Recent questions in Principles of Accounting

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Paid-in capital consists of​ ________.

  • A. Amounts received from stockholders in exchange for stock
  • B. Earnings generated by the corporation
  • C. Amounts raised by issuing bonds or preferred stocks
  • D. Amounts received from customers
4

In describing the cost equation, Y = a + bX, "a" is:

  • A) The dependent variable cost.
  • B) The independent variable the level of activity.
  • C) The total fixed cost.
  • D) The variable cost per unit of activity.
2

Paid-in capital consists of​ ________.

  • A. Amounts received from stockholders in exchange for stock
  • B. Earnings generated by the corporation
  • C. Amounts raised by issuing bonds or preferred stocks
  • D. Amounts received from customers
4

In describing the cost equation, Y = a + bX, "a" is:

  • A) The dependent variable cost.
  • B) The independent variable the level of activity.
  • C) The total fixed cost.
  • D) The variable cost per unit of activity.
2
Principles of Accounting