These are the words given. P/e ratio Treasury stock Discontinued operations Stoc

Question

These are the words given. P/e ratio Treasury stock Discontinued operations Stock dividend Extraordinary item Prior period adjustment Basic earnings per share Additional paid-in capital Diluted earnings per share Comprehensive income match to these definitions a. A gain or loss that is unusual in nature and not expected to recur in the foreseeable future. b. The asset represented by shares of capital stock that have not yet been issued. c. A distribution of additional shares of stock that reduces retained earnings but causes no change in total stockholders' equity. d. The amount received when stock is sold in excess of par value. e. An adjustment to the beginning balance of retained earnings to correct an error previously made in the measurement of net income. f. A statistic expressing a relationship between the current market value of a share of common stock and the underlying earnings per share. g. 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.

Explanation / Answer

the correct phrasing from the above key words is c) A distribution of additional shares of stock that reduces retained earnings but causes no change in total stockholders's equity

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