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Identify and briefly describe the two primary sources of shareholders' equity.
How does the Model Business Corporation Act affect the way corporations operate?
If a corporation has only one class of shares, they typically are labeled common shares. Indicate the ownership rights held by common shareholders.
Terminology varies in the way companies differentiate among share types. But many corporations designate shares as common or preferred.
The par value of shares historically indicated the real value of shares and all shares were issued at that price.
Companies occasionally sell more than one security for a single price. How is the issue price allocated among the separate securities?
Discuss the conceptual basis for accounting for a share buyback as treasury stock.
What is a reverse stock split? What would be the effect of a reverse stock split on one million $1 par shares?
On June 13, the board of directors of Siewert Inc. declared a 5% stock dividend on its 60 million, $1 par, common shares, to be distributed on July 1.
The market price of Siewert common stock was $25 on June 13. Prepare the journal entry to record the stock dividend.
Prepare the journal entry to record the stock split if it is to be effected in the form of a 100% stock dividend. What is the par per share after the split?
Nestle S.A., the largest food and beverage company in the world, prepares its financial statements according to International Financial Reporting Standards.
What is the specific citation that describes the guidelines for presenting accumulated other comprehensive income on the statement of shareholders' equity?
On September 3, 2016, Western Transport sold 1 million treasury shares at $21 per share.
Prepare the journal entry to record the declaration and distribution of the stock dividend on the declaration date.
On March 3 the board of directors declared a property dividend of 240,000 shares of Leasco International common stock that Consolidated Paper had purchased .
Prepare the appropriate entries for the declaration and distribution of the stock dividend.
Comparative balance sheets for Softech Canvas Goods for 2016 and 2015 are shown below. Softech pays no dividends, and instead reinvests all earnings .
Prepare the shareholders' equity section of TNL Systems' balance sheet at December 31, 2018, comparing the two approaches.
Explain why the bottom-up approach to budgeting is considered a more successful management technique then a top down approach.
Apix Printing, Inc. is a private, domestic United States printer of periodicals, newspaper inserts, and advertising materials that accompany distributions.
How you may use cost accounting in your career and also discuss the importance of cost accounting to a company's bottom line as well as the strategic plan.
Discuss how an asset's cost is determined as well as the two methods of depreciation .
Discussing your analysis and summarizing your opinion of the financial health of the three companies Apple, Samsung and Amazon.
Would this be an effective way to estimate these costs? Justify your answer by explaining why this is an effective way or why it is not.