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Prepare comparative statements of shareholders' equity for Branch-Rickie for the three-year period ($ in 000s).
Determine the amount of dividends payable to preferred shareholders and to common shareholders.
Ellis Transport Company acquired 1.2 million shares of stock in L&K Corporation at $44 per share. They are classified by Ellis as "available for sale."
Prepare journal entries to record the declaration and payment of these stock and cash dividends.
The distinction should be eliminated and financial instruments should instead be reported in accordance with the priority of their claims to enterprise assets.
Blake Distributors had 100,000 common shares outstanding at the beginning of the year, January 1. On May 13, Blake distributed a 5% stock dividend.
The potentially dilutive effect of convertible securities is reflected in EPS calculations by the if-converted method.
What is the total compensation cost pertaining to the restricted shares?
The fair value of the options, estimated by an appropriate option pricing model, is $5 per option.
What is the total compensation cost pertaining to the stock options? What is the effect on earnings in the year after the options are granted to executives?
Net income for 2016 was $426 million. The income tax rate is 40%. Calculate earnings per share for the year ended December 31, 2016.
When calculating diluted EPS at December 31, 2016, what will be the net increase in the denominator of the EPS fraction if the market price of common shares.
Prepare the appropriate journal entry to record compensation expense on December 31, 2016.
Prepare the appropriate journal entry to record the March purchases of shares under the employee share purchase plan.
Describe for him the differences and similarities between the accumulated benefit obligation and the projected benefit obligation.
Thompson began funding the plan in 2016 with a contribution of $127,000 to the benefit fund at the end of the year. Retirees were paid $52,000.
If a corporation has only one class of shares, they typically are labeled common shares. Indicate the ownership rights held by common shareholders.
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?
What is the specific citation that describes the guidelines for presenting accumulated other comprehensive income on the statement of shareholders' equity?