Question: Match the terms with the correct phrase TERMS 1 . Treasury stock 2 . Restriction of retained earnings 3 . Return on shareholders equity 4

Match the terms with the correct phrase
TERMS
1. Treasury stock
2. Restriction of retained earnings
3. Return on shareholders equity
4. Earnings-price ratio
5. Limited liability company
PHRASE
1. Preferred practice is to disclose in the notes to the financial statements
2. Paid in capital and/or retained earnings affected when sold
3. Similar to an S corporation, but no limit on number of owners
4. Net income as a percentage of average book value
5. Used in evaluating stock performance

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!