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updated 1 year ago
Category: Accounting
On what date are stock dividends and splits considered to be issued for computing earnings per share?
Coursepivot July 30, 2022
Here is a tip: Stock dividends and stock splits are considered as bonus issues of shares by the company. Explanation Since no cash will be paid by the stockholders towards (View full solution)
updated 1 year ago
Category: Accounting
Why was the average number of common shares used in the diluted earnings per share computation more than the weighted average number of common shares used in the basic earnings per share computation?
Coursepivot July 30, 2022
Here is a tip: Diluted earnings per share and basic earnings per share will be the same under a simple capital structure. Explanation The stock options and the RSUs that (View full solution)
updated 1 year ago
Category: Accounting
To answer this question, you will also need to examine the information in Starbucks's Note 12, which provides information about the company's employee stock and benefit plans. At October 1, 2017, how many stock options were exercisable, and how many were vested and expected to vest? How does this am...
Coursepivot July 30, 2022
Here is a tip: When stock options and RSUs are outstanding, the total number of shares will not be considered. Explanation The weighted average common shares outstanding for basic earnings (View full solution)
updated 1 year ago
Category: Accounting
Distinguish between small and large stock dividends. What amounts does a corporation use to record the declaration of each dividend?
Coursepivot July 30, 2022
Here is a tip: The accounting treatment of the stock dividends differ based on whether they are small or large. Explanation The number of shares issued will be compared to (View full solution)
updated 1 year ago
Category: Accounting
How does the accounting for a liquidating dividend differ from that for a normal cash dividend?
Coursepivot July 30, 2022
Here is a tip: The dividends declared when a company is about to liquidate its operations are known as liquidating dividends. Explanation Contributed capital account is debited for the liquidating (View full solution)