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Unformatted text preview: the stocks value in the secondary market. 7. Treasury stock no voting/dividend rights, contra equity account. 8. Cash dividends a. declared by board of directors b. create liability when declared c. not legally required d. require sufficient retained earnings and cash 9. Dividend yield = dividends per share/ market price per share a. the higher the better 10. Distribution of additional shares of stock to stockholders a. no change in total Stockholder Equity b. All stockholders retain same percentage ownership c. No change in par values 11. if stock dividend is less than 25%, record at current market value of stock 12. if stock dividend is more than 25%, record at par value of stock 13. STOCK SPLIT? 14. PAGE 244 slide 1!!! 10. 3....
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This note was uploaded on 09/22/2009 for the course AEM 210 taught by Professor Jacklittle during the Spring '05 term at Cornell University (Engineering School).
- Spring '05