ckChapter 11 – Reporting and Analyzing Stockholders’ Equity I. Characteristics of a Corporation (Publicly held (closely held)) * Separate legal existence; * Limited liability of stockholders; limited to investment * Transferable ownership rights; * Ability to acquire capital; * Continuous life; * Corporation management: Shareholders Shareholders * Voting rights * Profit sharing * Preemptive right * Residual claim Board of Directors
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TRUE-FALSE—Conceptual 1.A corporation is incorporated in only one state regardless of the number of states in which it operates. 2.The preemptive right allows stockholders the right to vote for directors of the company. 3.Common stock is the residual corporate interest that bears the ultimate risks of loss. 4.Earned capital consists of additional paid-in capital and retained earnings. 5.True no-par stock should be carried in the accounts at issue price without any additional
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Running Head: MICROSOFT AND IBM FINANCIAL PERFORMANCE Microsoft and IBM Financial Performance Team E Managerial Finance I FIN/475 University of Phoenix Rene Niese April 7‚ 2008 Microsoft and IBM Financial Performance Introduction Team E has been charge with the task of preparing an analysis to evaluate Microsoft and IBM’s financial performance. This will be done by using trends‚ financial ratio analysis‚ and the firms’ most recent statements of cash flow. Team E will evaluate
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answer to this question can be discussed in the stockholder vs. stakeholder debate. Although there are reasonable arguments for both – the stockholder and the stakeholder theory - I will use this paper to show that the stakeholder approach is superior and should be used for business in companies. To reach my conclusion‚ I structured the paper in the following way: The second Chapter should explain the basic idea and the basic concept of the stockholder and the stakeholder theory. Based on this explanation
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1. Referring to Exhibit 1‚ compute the annual percentage change in net income per common share-diluted for 1998–1999‚ 1999–2000‚ and 2000–2001. (Year 1998) 3‚180 x .24 = 763.20 763.20-1‚017.42/763.20=.33 or 33% increase (Year 1999) 3‚282 x .31 = 1‚017.42 Year 1998–1999 = 33% increase 1‚017.42-1‚858.45/1‚017.42=.82 or 82% increase (Year 2000) 3‚379 x .55 = 1‚858.45 Year 1999–2000 = 82% increase 1‚858.45- 922.59/1‚858.45= -.50 or 50% decrease (Year 2001) 3‚417 x .27 =
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SOLUTIONS TO EXERCISES EXERCISE 4-1 BRISCOE COMPANY Worksheet For the Month Ended June 30‚ 2008 Account Titles Trial Balance Adjustments Adj. Trial Balance Income Statement Balance Sheet Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Cash 2‚320 2‚320 2‚320 Accounts Receivable 2‚440 2‚440 2‚440 Supplies 1‚880 1‚580 300 300 Accounts Payable 1‚120 1‚120 1‚120 Unearned Revenue 240 140 100 100 Common Stock 3‚600 3‚600 3‚600 Service Revenue 2‚400 140 2‚540 2‚540 Salaries Expense 560 280 840 840
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PACE UNIVERSITY- ACC-615 DR. FINN Financial Statement Analysis IBM and Microsoft Bill Jacoby 4/20/2010 Financial Statement analysis for two comparable companies; IBM and Microsoft ACC-615 Dr. Finn; William Jacoby Microsoft Corporation is the world’s largest software company. Microsoft has five operating segments; client‚ server and tools‚ online business services‚ Microsoft business division and entertainment and devices division. They develop personal computing software including the
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Enron ’s ex-role: model of ethics For the gurus of socially responsible investing‚ what lessons from a tarnished star? * * * * * * * * By Laurent Belsie‚ Staff writer of The Christian Science Monitor / March 4‚ 2002 Perhaps the ultimate irony about Enron Corp. is how it charmed ethical investors‚ even the pros‚ for so long. The Houston-based energy giant not only said the right things‚ it also invested in solar energy‚ addressed questionable labor practices
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Executive Summary IBM and Accenture are both huge companies and uses five factor DuPont analysis to achieve a return on equity. IBM has a higher return on equity than Accenture‚ and therefore the management are more efficient in generating shareholder value per dollar invested. However both the companies are performing better than the industry average. IBM does also take lesser number of days to convert cash on hand compared to Accenture and industry average. But‚ Accenture is taking more days
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___________________________________________________________________________ IBM Brand Equity Restoration and Advertising Evolution [pic] ______________________________________________________________________________ This case was written by Professor Michele Greenwald‚ Visiting Professor of Marketing at HEC Paris‚ for use with Advertising and Promotion: An Integrated Marketing Communications Perspective – 7th edition by George E. Belch and Michael A. Belch. It is intended
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