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Common Equities {Ans: -Preferred Stock: stock that has special priority and rights over common stock -Common Stock: represents capital received when a company issues shares -Treasury stock: Common stock that has been reissued and then repurchased -Retained earnings: Total company earnings/losses since its inception minus all the dividends}Depreciation and amortization are a ________ expense {Ans: non-cash}Debit {Ans: -Increases in assets -Decreases in liability and equity}Activity Ratios {Ans: Measure of efficiency of a firm's assets}Weighted average presentation {Ans: weighted average of amount of shares outstanding during the period of the income statement}Impact of A/R on the B/S {Ans: -Debit > asset > cash > revenue -Debit > asset > A/R -Credit > retained earnings (revenue)}