财务会计教程10E全套配套课件亨格瑞 Accrual Accounting and Financial Statements_10.ppt

《财务会计教程10E全套配套课件亨格瑞 Accrual Accounting and Financial Statements_10.ppt》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、Stockholders’EquityCHAPTER10LearningObjectives(LO)Afterstudyingthischapter,youshouldbeabletoDescribetherightsofshareholdersAccountforcommonstock,includingpaymentofdividendsContrastbonds,preferredstock,andcommonstockIdentifytheeconomiccharacteristicsofanda

2、ccountingforstocksplitsAccountforbothlarge-andsmall-percentagestockdividendsExplainandreportstockrepurchasesandothertreasurystocktransactions2of31LearningObjectives(LO)Afterstudyingthischapter,youshouldbeabletoRecordconversionofdebtforequityorofpreferreds

3、tockintocommonstockUsetherateofreturnoncommonequityandbookvaluepershare3of31LO1–ShareholderRightsCorporations-authorizedperstatelawsStockholders’rightsVoteonsomeissuesandboardofdirectormembersDirectlyvoteGrantotherstherighttovoteforyou(Proxy)Shareincorpor

4、ateprofits(dividends)Shareinanyassetsleftatliquidation(afterpayingofclaimsbydebtholders)4of31LO1–ShareholderRightsStockholders’rights-continuedAcquiremoresharesofsubsequentlyissuedstock(preemptiverightsallowcurrentstockholderstoretainthesameproportionofow

5、nership)LimitedliabilityCreditorshaveclaimsonlyonthecorporation’sassetsStockholders’personalassetsarenotatrisk5of31LO2–CommonStockArticlesofincorporationApprovedbythestatewheretheCorp.ischarteredDetailnumber/typesofsharesthatcanbeissuedNumberofSharesarede

6、scribedasAuthorized–totalsharesthatcanbeissuedIssued-sharessoldtostockholdersOutstanding—sharesstillheldbythestockholdersafterrepurchasingsomeshares(treasurystock)ParValue(statedvalue)OldwayofstatingtheminimumvalueofeachstockBasicallymeaninglesstodaybutst

7、illusedinaccounting6of31LO2–CommonStockIssuecommonstockParvalue=$.01Issue1Mshares,eachshareisboughtfor$50Amountaboveparvalue.Ifstatedoesnotrequireusageofparvalue,creditthecommonstockaccountfor$50millionIssuepreferredstock–Sameasaboveonlychangetheaccountna

8、mes7of31Cash50,000,000Commonstockatpar10,000Additionalpaid-incapital*49,990,000LO2–CommonStockDividends–oneoftwothingsinvestorsseekCash-proportionaldistributionsofincometoshareholders.Topaycashdividendsacorporationm