Listed below are five terms followed by a list of phrases that describe or characterize...
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Accounting
Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the number for the correct term.
1) Restriction of retained earnings 2) Treasury stock 3) Limited Liability Company 4) Return on shareholder's equity 5) Earnings-price ratio
a) Paid-in capital and/or retained earning affected when sold b) Net income as a percentage of average book value c) Used in evaluating stock performance d) Similar to an S corporation, but no limit on number of owners e) Preferred practice is to disclose in the footnotes
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