10 technical accounting terms introduced or emphasized in the class Treasury stock Discontinued operations Extraordinary item Prior period adjustment nes per share Additional paid-in capital Diluted camnings per share (3) The following are 10 techni Ple ratio Stock dividend Basic earnings per s Comprehensive income Each of the following sta For each statement, indic correctly describe any of the te a. A gain or loss that future. b. The asset represented ollowing statements may or may not) describe one of these technical terms. ent, indicate the term described, or answer "None" if the statement does not any of the terms. (totaling 14 points, with a 2 points, others 1.5 points/each) of loss that is unusual in nature and not expected to recur in the foreseeable f. A statistic expressing a c. A distribution of additional shares set represented by shares of capital stock that have not yet been issued. tribution of additional shares of stock that reduces retained earnings but causes no change in total stockholders' equity. d. The amount The amount received when stock is sold in excess of par value. " adjustment to the beginning balance of retained earnings to correct an error previously made in the measurement of net income. A statistic expressing a relationship between the current market value of a share of common stock and the underlying earnings per share. & A separate section sometimes included in an income statement as a way to help investors evaluate the profitability of ongoing business activities. h. A pro forma figure indicating what earnings per share would have been if all securities convertible into common stock had been converted at the beginning of the current year. i. A broadly defined measure of financial performance that includes, but is not limited to, net income