会计学第十四章

11-12
P1
Issuing Stock for Noncash Assets
Par Value Stock
On September 1, Matrix, Inc. issued 100,000 shares of $2 par value stock for land valued at $2,500,000. Let’s record this transaction. Record:
3. The remainder is assigned to Paid-In Capital in Excess of Par Value, Common Stock.
11-10
P1
Issuing Par Value Stock
Par Value Stock
On September 1, Matrix, Inc. issued 100,000 shares of $2 par value stock for $25 per share. Let’s record this transaction.
Cr 200,000 2,300,000
11-11
P1
Issuing Par Value Stock
Stockholders' Equity with Common Stock
Stockholders' Equity Common Stock - $2 par value; 500,000 shares authorized; 100,000 shares issued and outstanding $ 200,000 Paid-In Capital in Excess of Par 2,300,000 Retained earnings 650,000 Total stockholders' equity $ 3,150,000
1.
2.
A sufficient balance in retained earnings and The cash necessary to pay the dividend.
11-15
C3
Preferred Stock
A separate class of stock, typically having priority over common shares in . . .
11-14
P2
Cash Dividends
To pay a cash dividend the corporation must have:
Cas h Dividend T ypes and F requency 100% 80% 60% 40% 20% 0% Common P referred 22% 75%
$925,563
$1,110,151
Total amount of stock that has been issued or sold to stockholders.
11-8
C1
Classes of Stock源自Par ValueNo-Par Value
Stated Value
11-9
P1
Issuing Par Value Stock
Secretary
Vice President Finance
Vice President Production
Vice President Marketing
11-7
C2
Basics of Capital Stock
Total amount of stock that a corporation’s charter authorizes it to sell.
11-16
P4
Cumulative or Noncumulative Dividend
Cumulative Vs. Noncumulative
Undeclared dividends from current and prior years do not have to be paid in future years.
1. The asset received at its market value. 2. The number of shares issued × the par value per share in the Common Stock account.
3. The remainder is assigned to Paid-In Capital in Excess of Par, Common Stock.
Example: Consider the following Stockholders’ Equity Section of the Balance Sheet
Common stock, $5 par value; 40,000 shares authorized, issued and outstanding Preferred stock, 9%, $100 par value; 1,000 shares authorized, issued and outstanding Total Paid-In capital $ 200,000 100,000 300,000


Dividend distributions Distribution of assets in case of liquidation
Usually has a stated dividend rate
73%
Normally has no voting rights
Corporations with no Preferred Stock Corporations with Preferred Stock 27%
Par Value Stock
On September 1, Matrix, Inc. issued 100,000 shares of $2 par value stock for $25 per share. Let’s record this transaction. Record:
1. The cash received. 2. The number of shares issued × the par value per share in the Common Stock account.
Chapter 11
Corporate Reporting and Analysis
Conceptual Learning Objectives
C1: Identify characteristics of corporations and their organization. C2: Describe the components of stockholders’ equity. C3: Explain characteristics of common and preferred stock. C4: Explain the items reported in retained earnings.
11-5
C1
Characteristics of Corporations
Advantages

Separate legal entity Limited liability of stockholders Transferable ownership rights Continuous life
$
The Board of Directors did not declare or pay dividends in 2009. In 2010, the Board of Directors declare and pay cash dividends of $42,000.
Financial and Managerial Accounting
John J. Wild Third Edition
McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.
11-3
Analytical Learning Objectives
A1: Compute earnings per share and describe its use. A2: Compute price-earnings ratio and describe its use in analysis. A3: Compute dividend yield and explain its use in analysis. A4: Compute book value and explain its use in analysis.
Stockholders' Equity Common Stock, par value $.01; authorized 250,000,000 shares; issued 92,556,295 shares in 2009; 111,015,133 shares in 2008
2009
2008
11-13
P1
Issuing Stock for Noncash Assets
Par Value Stock
On September 1, Matrix, Inc. issued 100,000 shares of $2 par value stock for land valued at $2,500,000. Let’s record this transaction.
Dividends in arrears must be paid before dividends may be paid on common stock. Most preferred stock is cumulative.