A . Treasury stock for the purchase price .
B . Treasury stock for the par value and paid-in capital in excess of par for the excess of the purchase price over the par value .
C . Treasury stock for the par value and retained earnings for the excess of the purchase price over the par value .
D . Paid-in capital in excess of par for the purchase price . 10 ) Antidilutive securities
A . include stock options and warrants whose exercise price is less than the average market price of common stock .
B . should be included in the computation of diluted earnings per share but NOT basic earnings per share .
C . should be ignored in all earnings per share calculations .
D . are those whose inclusion in earnings per share computations would cause basic earnings per share to exceed diluted earnings per share .
11 ) What effect will the acquisition of treasury stock have on stockholders ‟ equity and earnings per share , respectively ?
A . Decrease and increase B . Decrease and no effect C . Increase and decrease D . Increase and no effect
12 ) In computations of weighted average of shares outstanding , when a stock dividend or stock split occurs , the additional shares are
A . considered outstanding at the beginning of the year .