HORNGREN'S FINANCIAL & MANGERIAL ACCOUNT
7th Edition
ISBN: 9780136505273
Author: MILLER-NOBLES
Publisher: PEARSON
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Which of the following decreases total equity?
A. A stock split
B. Recording Revenue
C. The purchase of Treasury Stock
D. Issuance of Convertible preferred stock
How to calculate return on common stockholders equity with $0 dividends
Determining the effects of cash dividends, stock dividends, and stock splits
Complete the following chart by inserting a check mark (√) for each statement that is true.
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- I uploaded pictures for problem 17-4B. I am trying to figure out the: 15. Earnings per share on common stock 16. Price-earnings ratio 17. Dividends per share of common stockarrow_forwardReturn on equity……Select one:a. is calculated by dividing net income plus preferred dividends by average common stockholders’ equity.b. is a measure used to compare companies of different sizes.c. is a measure of the ratio of net income to dividends declared.d. is calculated for preferred stock only.arrow_forwardIndicate whether each of the following transactions increases (+), decreases (−), or has no effect (NE) on total assets, total liabilities, and total stockholders’ equity. The first transaction is completed as an example. Transaction TotalAssets TotalLiabilities TotalStockholders’ Equity Issue common stock + NE + Issue preferred stock Purchase treasury stock Resell treasury stockarrow_forward
- Question 4:(a) What are the principal differences between common stock and preferred stock?(b) Preferred stock may be cumulative. Discuss this feature.(c) How are dividends in arrears presented in the financial statements?arrow_forwardHow did you solve for shares outstanding and stockholders equity for "Before any Dividends"?arrow_forward1. Find the Earnings Per share on common stock 2. Find the Price-earnings ratioarrow_forward
- How do you calculate earnings per share on common stock?arrow_forwardWhen a company issues a stock dividend which of the following would be affected? a. Earnings per share. b. Total assets. c. Total liabilities. d. Total stockholders’ equity.arrow_forwardWhich of the following statements about stock dividendsis true?a. Stock dividends are reported on the income statement.b. Stock dividends increase total stockholders’ equity.c. Stock dividends decrease total stockholders’ equity.d. None of the abovearrow_forward
- Indicate the accounts increased or decreased to record the above stock transactions.arrow_forwardMatch (by letter) the following terms with their definitions. Each letter is used only once.Terms_____ 1. PE ratio._____ 2. Stockholders’ equity section of the balance sheet._____ 3. Accumulated deficit._____ 4. Growth stocks._____ 5. 100% stock dividend._____ 6. Statement of stockholders’ equity._____ 7. Treasury stock._____ 8. Value stocks._____ 9. Return on equity._____ 10. Retained earnings.Definitionsa. A debit balance in Retained Earnings.b. Priced high in relation to current earnings as investors expect future earnings to be higher.c. Effectively the same as a 2-for-1 stock split.d. The earnings not paid out in dividends.e. The stock price divided by earnings per share.f. Summarizes the changes in the balance in each stockholders’ equity account over a period of time.g. Priced low in relation to current earnings.h. Measures the ability of company management to generate earnings from the resources that owners provide.i. Shows the balance in each equity account at a point in…arrow_forwardWhich of the following balance sheet accounts will be affected by a stock dividend but not by a stock split? A. Common stock B. Dividends-in-arrears C. Cash D. Retained earningsarrow_forward
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