The University of Michigan issued $2 billion in bonds in March 2022. The proceeds from these bonds will be used to finance construction and renovation projects on the campus. $1.2 billion was issued as century bonds, which must be repaid in 100 years. This century bond issuance is the largest century issuance in the higher […]
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How does Amazon’s 20-for-1 stock split impact its stockholders’ equity?
March 28, 2022 
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Amazon announced a 20-for-1 stock split in March 2022. This stock split was its first stock split in over twenty years. On the day that Amazon announced its stock split, one share of its stock was selling for $2,785.58. The stock split will occur at the close of business on June 3, 2022. The stock […]
Continue readingNew! Beginning Data Cleaning (ETL) & Analytics Project for Excel: KAT Concession Supply
March 25, 2022 0 Comments
Just posted this project on the other blog I co-author, Accounting Is Analytics. I am really excited about this project – it introduces accounting students to basic data cleaning and analytics concepts using Excel. Read on for how to request this first beginning level project that uses Excel for data cleaning and analytics. A key […]
Continue readingWhat costs would the Stellar Pizza robotic pizza restaurant capitalize or expense?
January 11, 2022 2 Comments
Stellar Pizza has a pizza-making robotic machine that was built by three former SpaceX engineers. More than 23 former SpaceX employees work at Stellar Pizza. The pizza-making robot can produce a pizza every 45 seconds. A pizza can be customized, baked, and topped in less than five minutes by the robotic machine. Stellar Pizza will […]
Continue readingHow will Texas Instruments account for the cost of its new semiconductor wafer plant?
December 7, 2021 0 Comments
Texas Instruments Inc. (NASDAQ:TXN) is expanding its chip manufacturing capacity. It announced recently that it will begin construction in 2022 on its new plant for manufacturing 300-millimeter semiconductor wafers. Semiconductor wafers are used in a variety of products, particularly in industrial and automotive electronics. Texas Instruments (TI) acquired the land for the plant in 2021. […]
Continue readingHow does Apple’s dividend declaration affect its liabilities?
November 30, 2021 0 Comments
Apple Inc. (NASDAQ:APPL) recently had a dividend announcement. The announcement read: Apple Inc (NASDAQ:AAPL) on 10/28/2021 declared a dividend of $0.2200 per share payable on November 11, 2021 to shareholders of record as of November 08, 2021. Questions On which date will Apple record a liability for the dividend? On which date will Apple pay […]
Continue readingWhat impact does Target’s dividend announcement have on its balance sheet?
November 22, 2021 0 Comments
Target Corporation (NYSE:TGT) recently made a dividend announcement. The announcement read: MINNEAPOLIS, Sept. 23, 2021 /PRNewswire/ — The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 90 cents per common share. The dividend is payable December 10, 2021 to shareholders of record at the close of business November 17, 2021. The 4th quarter dividend will be the company’s 217th […]
Continue readingHow will the issuance of common stock affect Casper’s current and debt ratios?
November 9, 2021 0 Comments
Casper Sleep Inc. (NYSE: CSPR) is a mattress company launched in 2014 that has a unique direct-to-consumer business model. It sells its mattresses online and retail showrooms. Its mattresses are made from a variety of foams and have been popular with consumers. In November 2021, Casper announced that it is seeking to raise $50 million […]
Continue readingUpcoming Webinar: Bring Data Analytics to Your Classroom with Google Sheets
February 24, 2021 7 Comments
On Thursday, March 18, 2021, from 3 to 4 pm Eastern, I will be presenting at an Ohio Society of CPAs webinar on how you can use Google Sheets to bring data analytics into your classroom. You can register for free at this link. This webinar will feature a Google Sheets data analytics project I […]
Continue readingJoin me for an AICPA Faculty Hour webinar on January 29, 2021: CPA Update & Excel Dashboards
January 19, 2021 4 Comments
Join Vikki Nunn, CPA, CITP, and me on Friday, January 29, from 2-3:30PM ET for a free webcast presented by the AICPA. Vikki and I are part of the CPA Evolution Core Curriculum team and during the first part of this webinar, we’ll provide an update on the status of the CPA Evolution Initiative and […]
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