The number of shares of common stock issuable upon

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The number of shares of common stock issuable upon exercise of outstanding stock options, vest- ing of other stock awards, and the number of shares reserved for issuance under various employee benefit plans were proportionately increased in accordance with terms of the respective plans. MID-MODULE REVIEW 3 Assume that the stockholders' equity of Arbitron, Inc. at December 31,2011, follows. 5% preferred stock, $100 par value, 10,000 shares authorized; 4,000 shares issued and outstanding . Common stock, $5 par value, 200,000 shares authorized; 50,000 shares issued and outstanding . Paid-in capital in excess of par value-Preferred stock . Paid-in capital in excess of par value-Common stock . Retained earnings . Total stockholders' equity . $ 400,000 250,000 40,000 300,000 656,000 $1,646,000 Use the template to identify the financial statement effects for each of the following transactions that occurred during 2012: Apr. 1 Declared and issued a 100% stock dividend on all outstanding shares of common stock when the market value of the stock was $11 per share. Dec. 7 Declared and issued a 3% stock dividend on all outstanding shares of common stock when the market value of the stock was $7 per share. Dec. 31 Declared and paid a cash dividend of $1.20 per share on all outstanding shares. The solution is on page 8-49. Accumulated Other Comprehensive Income Comprehensive income is a more inclusive notion of company performance than net income. includes all changes in equity (assets less liabilities) that occur during a period exceptthose resul . from contributions by and distributions to owners. It's important to note that comprehensive in includes both net income and other items, which collectively are called other comprehensive inc Specifically, other comprehensive income includes (and net income excludes) foreig currency translation adjustments, unrealized changes in market values of available-for- securities, pension liability adjustments, and changes in market values of certain deriv . investments. Comprehensive income, therefore, includes the effects of economic events . are often outside of management's control. Accordingly, some assert that net income meas management's performance, while comprehensive income measures company perform Each period, net income or loss is added to retained earnings so that the balance sheet main - a running total of the company's cumulative net income and losses (less any dividends out). In the same way, each period, comprehensive income items that are not included in income (that is, all other comprehensive income items) are added to a balance sheet ac
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Module 8 I Equity Recognition and Owner Financing 8-20 Accumulated Other Comprehensive Income (or Accumulated Other Comprehensive if the comprehensive items are losses). This account maintains a running balance of the ative differences between net income and comprehensive income.
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