Microsoft Dividend Policy and Milestones of MicrosoftSivaditya Gali
Microsoft Dividend Policy and Milestones of Microsoft.
Disclaimer
“This is prepared simply for practicing presentation-skills and understanding “slideshare’s online platform.
All content is simply for the learning purpose.
We don’t claim accuracy or complete information. All information is presented just for overview.
Any inadvertent use of company name, images are unintentional. & if brought to notice, we will remove them.
Stockholders’ Equity 1 Corporate Capital Illustration Experience Tradition/tu...pinck3125
FOR MORE CLASSES VISIT
www.tutorialoutlet.com
Stockholders’ Equity 1 Corporate Capital
Illustration: Bad Corporation issued 300 shares of $10 par value common stock for $4,500. Prepare the journal entry to record the
issuance of the shares.
Microsoft Dividend Policy and Milestones of MicrosoftSivaditya Gali
Microsoft Dividend Policy and Milestones of Microsoft.
Disclaimer
“This is prepared simply for practicing presentation-skills and understanding “slideshare’s online platform.
All content is simply for the learning purpose.
We don’t claim accuracy or complete information. All information is presented just for overview.
Any inadvertent use of company name, images are unintentional. & if brought to notice, we will remove them.
Stockholders’ Equity 1 Corporate Capital Illustration Experience Tradition/tu...pinck3125
FOR MORE CLASSES VISIT
www.tutorialoutlet.com
Stockholders’ Equity 1 Corporate Capital
Illustration: Bad Corporation issued 300 shares of $10 par value common stock for $4,500. Prepare the journal entry to record the
issuance of the shares.
Partnership revision questions ay 2014 2015JUMA BANANUKA
The practice questions will help the students of Makerere University (MUK & MUBS) to appreciate the theory underlying businesses in Uganda especially the partnership businesses.
Partnership revision questions ay 2014 2015JUMA BANANUKA
The practice questions will help the students of Makerere University (MUK & MUBS) to appreciate the theory underlying businesses in Uganda especially the partnership businesses.
Magic Blades stock has risen rapidly to $50 per share. Th.docxsmile790243
Magic Blade's stock has risen rapidly to $50 per share. The increase is due to excitement about its new knife
that uses a light beam to slice fruits and vegetables. This process enhances the final appearance and quality
of salads and fruit trays.
The board of directors is considering strategies to divide the corporate ownership into more shares of stock,
and bring about some reduction in the price per share. They are considering a stock split, small stock dividend,
or large stock dividend. The board is unsure of the accounting effects of such transactions, and has requested
information about how stockholders' equity would be impacted.
Prior to the contemplated stock transaction, equity consisted of:
Stockholders’ Equity
Common stock, $2 par value, 2,000,000 shares authorized,
500,000 shares issued and outstanding $1,000,000
Paid-in capital in excess of par 2,000,000
Retained earnings 6,000,000
Total stockholders’ equity $9,000,000
(a) Assuming the board were to declare a 2 for 1 split, how would the revised stockholders' equity
appear?
(b) Assuming the board were to declare a 15% stock dividend, how would the revised stockholders'
equity appear?
B-14.07 Stock dividends and splits
x
SPREADSHEET
TOOL:
Holding a
cell reference
constant
Mike
Highlight
Summary information for Branford Corporation's balance sheet follows:
BRANFORD CORPORATION
Balance Sheet
August 15, 20X4
Assets
Cash $ 125,000
Accounts receivable 250,000
Inventory 750,000
Property, plant, & equipment (net) 860,000
Total assets $1,985,000
Liabilities
Accounts payable $125,000
Accrued liabilities 260,000
Notes payable 290,000
Total liabilities $ 675,000
Stockholders’ equity
Common stock, $5 par $700,000
Paid-in capital in excess of par 300,000
Retained earnings 310,000
Total stockholders’ equity 1,310,000
Total liabilities and equity $1,985,000
Branford's business is growing rapidly, and the company needs to expand its manufacturing facilities. This
expansion will require the company to obtain an additional $1,000,000 in cash. The company is exploring
five alternatives to obtain the necessary capital:
Equity structure and impact I-14.01
Mike
Highlight
366 | CHAPTER 14
DEBT OPTION:
Branford is able to borrow, on a 5-year note, the full amount needed. The interest rate on
this note would be 7%, and the note would require monthly payments.
COMMON STOCK OPTION:
Branford has identified an investor who is willing to pay $1,000,000 for 40,000 newly is-
sued common shares. Common shares have been paying a dividend of $0.50 per share.
Branford anticipates that this dividend rate will be maintained.
NONCUMULATIVE PREFERRED STOCK OPTION:
Branford has identified a hedge fund that will pay $1,000,000 for 8% noncumulative
preferred stock to be issued at par.
CUMULATIVE PREFERRED STOCK OPTION:
Branford has identified an insurance company that will pay $1,000,000 for 6% cumulative
preferred ...
Brief Exercise 15-4Ravonette Corporation issued 375 shares of $1.docxAASTHA76
Brief Exercise 15-4
Ravonette Corporation issued 375 shares of $15 par value common stock and 110 shares of $48 par value preferred stock for a lump sum of $20,025. The common stock has a market price of $30 per share, and the preferred stock has a market price of $100 per share.
Prepare the journal entry to record the issuance. (Round answers to 0 decimal places, e.g., 1520. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Account Titles and Explanation
Debit
Credit
Cash
20025
Preferred Stock
Paid-in Capital in Excess of Par - Preferred Stock
Common Stock
Paid-in Capital in Excess of Par - Common Stock
Exercise 15-12
Lotoya Davis Corporation has 10.12 million shares of common stock issued and outstanding. On June 1, the board of directors voted an 62 cents per share cash dividend to stockholders of record as of June 14, payable June 30.
(a) Prepare the journal entry for each of the dates above assuming the dividend represents a distribution of earnings. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Date
Account Titles and Explanation
Debit
Credit
6/1
6/14
6/30
(b) How would the entry differ if the dividend were a liquidating dividend? (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Account Titles and Explanation
Debit
Credit
Warning
Exercise 15-19
Shown below is the liabilities and stockholders’ equity section of the balance sheet for Jana Kingston Company and Mary Ann Benson Company. Each has assets totaling $4,418,100.
Jana Kingston Co.
Mary Ann Benson Co.
Current liabilities
$315,600
Current liabilities
$754,600
Long-term debt, 10%
1,281,000
Common stock ($20 par)
2,945,000
Common stock ($20 par)
2,103,000
Retained earnings (Cash dividends, $328,900)
718,500
Retained earnings (Cash dividends, $227,700)
718,500
$4,418,100
$4,418,100
For the year, each company has earned the same income before interest and taxes.
Jana Kingston Co.
Mary Ann Benson Co.
Income before interest and taxes
$1,203,000
$1,203,000
Interest expense
128,100
0
1,074,900
1,203,000
Income taxes (45%)
483,705
541,350
Net income
$591,195
$661,650
At year end, the market price of Kingston’s stock was $101 per share, and Benson’s was $63.50. Assume balance sheet amounts are representative for the entire year.
(a) Calculate the return on total assets? (Round answers to 2 decimal places, e.g. 16.85%.)
Return on total assets
Kingston Company
%
Benson Company
%
Which company is more profitable in terms of return on total assets? (b) Calculate the return on common sto ...
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
6. Cash Dividends
Declaration Date
Assume that on December 1, 2005, the
directors of Media General declare a 50 cents
per share cash dividend on 100,000 shares of
$10 par value common stock. The dividend is
$50,000 (100,000 x 50 cents) and the entry to
record the declaration is:
Entries for Cash Dividends
7. Entries for Cash Dividends
Record Date
For Media General, the record date is December 22. No entry is
required on this date because the corporation’s liability
recognized on the declaration date is unchanged.
8. Entries for Cash Dividends
Payment Date
Assuming the payment date is January 20 for Media
General, the entry on that date is:
9. Allocating Cash Dividends Between Preferred and
Common Stock
Cumulative Preferred Stock
Assume that IBR Inc. has 1,000 shares of 8%, $100 par value
cumulative preferred stock and 50,000 shares of $10 par value
common stock outstanding at December 31, 2005. If the Board
of Directors declares a $6,000 cash dividend on December 31,
the entire $6,000 will go to preferred stockholders because
their annual dividend is $8,000 (1,000 shares x $8) .
10. Allocating Cash Dividends Between Preferred and
Common Stock
Total Dividend $50,000
Allocated to preferred stock
Dividend in arrears, 2005 (1,000 x $2) $2,000
2006 dividend (1,000 x $8) 8,000 10,000
Remainder allocated to common stock $40,000
Preferred Stock is Not Cumulative
If the preferred stock was NON-cumulative,
preferred stockholders would have received only $8,000 in
dividends in 2006 and common stockholders would have
received $42,000.
11. Stock Dividends
Definition of Stock
Dividends
A stock dividend results
in a decrease in retained
earnings and an
increase in paid-in
capital
12. Stock Dividends
Corporations issue stock dividends generally for
one or more of the following reasons:
1. To satisfy stockholders’ dividend expectations without
spending cash.
2. To increase the marketability of stock by increasing
the number of shares
3. To emphasize that a portion of stockholders’ equity has
been permanently reinvested in the business and
unavailable for cash dividends
13. Entries for Stock Dividends
Assume that Medland Corporation has a balance of $300,000 in
retained earnings and declares a 10% stock dividend on its 50,000
shares of $10 par value common stock. The current fair value of its
stock is $15 per share and the number of shares to be issued is 5,000
(10% of 50,000). The amount to be debited to Retained Earnings is
$75,000 (5,000 x $15).
Declaration Date
14. Stock Split
Definition of Stock Split
A stock split results in
a reduction in the par
or stated value per
share
15. Stock Split
Assume instead of a 10% dividend, Medland Corporation
splits its 50,000 shares of common stock on a 2-for-1 basis.
This means that one share of $10 par value stock is
exchanged for two shares of $5 par value stock.
18. Prior Period Adjustments
Assume that General Microwave discovers in 2005 that it
understated depreciation expense in 2004 by $300,000 as a
result of computational errors. These errors overstated net
income for 2004, and the current balance in retained
earnings is also overstated.
19. Retained Earnings Statement
Graber Inc.
Retained Earnings Statement
For the Year Ended December 31, 2005
Balance, January 1, as reported $ 1.050.000
Correction for understatement of net income
in prior period (inventory error)
50.000
Balance, January 1, as adjusted $ 1.100.000
Add: Net income 360.000
$ 1.460.000
Less: Cash Dividends
$ 100.000
Stock Dividends 200.000 $ 300.000
Balance, December 31 $ 1.160.000
20. Corporation Income Statements
Income statement for
corporations are same as the
statements for proprietorships
or partnerships except for one
thing: the reporting of income
tax
22. Earnings per Share
Frequently reported in the
financial press
Used by stockholders and
investors to evaluate profitability
Indicates the net income earned by
each share of outstanding common
stock
23. EPS and Preferred Stock Dividends
Weighted
Average
of Common
Shares
Outstanding
Earnings
per
Share
Net Income
Minus
Preferred
Dividends
/
24. EPS and Preferred Stock Dividends
($211,000 - $6,000) / 102,500 = $2
When a corporation has both preferred and common stock,
the current year’s dividend declared on preferred stock is
subtracted from net income to arrive at income available to
common stockholders. Assume that Rally Inc. reports net
income of $211,000 on its 102,500 weighted average common
shares. During the year it also declares a $6,000 dividend on
its preferred stock.
Therefore, Rally has $205,000 ($211,000 - $6,000) available for common stock
dividends. EPS is $2 ($205,000 / 102,500).