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How will Dr Pepper Snapple’s dividend impact its financial statements?

On November 16, 2016, Dr Pepper Snapple Group, Inc. (NYSE: DPS) made the following announcement: “Dr Pepper Snapple Group, Inc. (NYSE: DPS) today announced that its Board of Directors declared a quarterly dividend of $0.53 per share on the company’s common stock.  The dividend is payable in U.S. dollars on January 5, 2017, to shareholders of record on December […]

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How will Snapchat’s upcoming IPO impact its assets, liabilities, and equity?

For the past year, there has been speculation that Snap Inc., the parent company of Snapchat, was planning to have an initial public offering (IPO.) Finally, in February 2017, Snap filed the paperwork with the SEC indicating it was going to be issuing stock soon. Snap’s IPO is expected to be the most expensive tech […]

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How will The Cheesecake Factory’s dividend announcement and payment impact its balance sheet?

On October 26, 2016, the Board of Directors of The Cheesecake Factory Incorporated (NASDAQ: CAKE) declared …”a quarterly cash dividend of $0.24 per share on the company’s common stock. The dividend is payable on November 22, 2016 to shareholders of record at the close of business on November 9, 2016” (source: News Release, 10/26/2016, “The Cheesecake Factory Reports Results for […]

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How would Microsoft’s $40 billion stock buyback and cash dividend impact its balance sheet?

Microsoft Corporation (MSFT) recently announced plans to buy back up to $40 billion of its own stock. In the same announcement on September 20, 2016, Microsoft also stated that it would be increasing the cash dividend by 8% for the dividend to be paid on December 8, 2016, to shareholders of record on November 17, […]

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How did a cash dividend impact Lowe’s financial position?

On November 2, 2016, Lowe’s Companies, Inc. (NYSE: LOW) paid a cash dividend of $0.35 per share to shareholders of record as of October 19, 2016.  The Lowe’s Board of Directors declared this dividend on August 19, 2016. As of the end of Lowe’s 2015 year (January 29, 2016), Lowe’s had 910 million shares of […]

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How will Toro account for its two-for-one stock split?

The Toro Company (TTC) is a manufacturer of lawn care products such as lawn mowers and irrigation systems. Toro’s brands include Toro, Lawn Genie, and Lawn-Boy.  Toro’s fiscal year end is October 31. As of October 31, 2015, Toro had authorized 175,000,000 shares of common stock. As of this same date, it had 54,650,916 shares […]

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What is the impact on Snapchat’s balance sheet from its latest issuance of stock?

Snapchat is one of the fastest growing social media platforms with 16 to 24 year olds. Snapchat is privately-held, which means its stock cannot be purchased on a stock exchange. It may be getting ready for an IPO (initial public offering) sometime later in 2016 or 2017. In the meantime, Snapchat is obtaining funding for operations […]

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How would Square’s IPO impact its balance sheet and income statement?

Square, Inc., is an electronics payment company. Its small credit card readers plug into smartphones, making it easy for sellers to accept credit and debit card payments. Jack Dorsey, the founder of Square and Twitter) is said to have been inspired to start Square in 2009 when a friend of his was unable to complete […]

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How would an investor account for the receipt of a cash dividend from Microsoft?

Microsoft Corp. announced its dividend for the first quarter of 2016 on December 2, 2015. The press announcement on December 2, 2015, read: “Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.36 per share. The dividend is payable March 10, 2016, to shareholders of record on Feb. 18, […]

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How would Reverb, the online marketplace for musicians, record its issuance of $25 million of stock?

Started in 2013, Reverb is a company that provides an online marketplace for musicians to buy and sell gear. Its investors include country music superstar Brad Paisley and Rick Nielsen of Cheap Trick. Reverb can be thought of as the “Ebay for musicians.” The wide scope of the Ebay marketplace makes it hard at times […]

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