Question: Please provide answer with valid explanation Please do not try to provide useless explanation, I need correct answer 11. Assuming that the issuing company has

Please provide answer with valid explanation

Please do not try to provide useless explanation, I need correct answer

Please provide answer with valid explanationPlease provide answer with valid explanation
11. Assuming that the issuing company has only one class of share capital, * 1 point transfer from retained earnings to contributed capital equal to the market value of the shares issued is ordinarily a characteristic of a. either a share dividend or a share split. O b. neither a share dividend nor a share split. O c. a share split but not a share dividend. O d. a share dividend but not a share split. 12. Select the statement that is incorrect concerning the appropriations * 1 point of retained earnings. O a. Appropriations of retained earnings do not change the total amount of shareholders' equity. b. Appropriations of retained earnings reflect funds set aside for a designated O purpose, such as plant expansion. c. Appropriations of retained earnings can be made as a result of contractual O requirements. d. Appropriations of retained earnings can be made at the discretion of the board of O directors.13. A holder of a redeemable preference share can 1 point O a. purchase treasury shares any time at the shareholder's option. O b. purchase additional shares offered in order to maintain the same fractional interest in the corporation. O c. turn in the preference shares for a specified cash price at a specified date or during a specified period O d. convert the preference shares for ordinary shares

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