Tag Archives: financial accounting

How does Apple’s dividend declaration affect its liabilities?

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 […]

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What impact does Target’s dividend announcement have on its balance sheet?

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 […]

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How will the issuance of common stock affect Casper’s current and debt ratios?

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 […]

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Join me for an AICPA Faculty Hour webinar on January 29, 2021: CPA Update & Excel Dashboards

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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New! Constructing an Interactive Excel Dashboard project for introductory financial accounting available

In this new case, students build an interactive Excel dashboard to analyze sales transactions. Students will view tutorial videos for each of the five sections in the project and will use their dashboard to answer the case questions. The case will take students, on average, 60 – 90 minutes to complete. The Teaching Notes for […]

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New! Prebuilt Interactive Excel Dashboard project for introductory financial accounting available

This new case has students use a prebuilt interactive Excel dashboard to analyze sales transactions. This dashboard is ready for students to use; students will view a tutorial video about the case, read the instructions, and use the Excel dashboard to answer the case questions. The case will take, on average, 15 – 20 minutes […]

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New! Google Sheets data analytics case for introductory accounting available – City of Magicville

This new case is designed to be completed using Google Sheets for an introductory financial accounting class. The case can be completed by students using Chromebooks. I am really excited to be able to share this case – it is the second one I have created that uses Google Sheets as the software (see this […]

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What information is provided in Chipotle’s basic financial statements?

Chipotle Mexican Grill, Inc. (NYSE: CGM) is a publicly held corporation with more than $5 billion in assets. To follow are Chipotle’s four basic financial statements for its most recent year, the year ending December 31, 2019.  Please note that all statements have been adapted and condensed for educational use and should not be used […]

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How does Kellogg’s dividend announcement impact its financial statements?

On October 23, 2020, the Kellogg Company (brands include Kellogg’s, Pringles, Eggo, Cheez-It, and many others) made the following dividend announcement: Kellogg Company (NYSE: K) today announced that its Board of Directors declared a dividend of $0.57 per share on the common stock of the Company, payable on December 15, 2020, to shareowners of record […]

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How would the length of the Bespoken Spirits operating cycle compare to the length of the Jack Daniel Distillery operating cycle?

Whiskey is an alcoholic beverage that takes, on average, three to fifteen years to mature before it is ready for consumption. Typically, whiskey matures in oak barrels – that process helps to give each whiskey type its unique aroma, color, and taste. The Jack Daniel Distillery, for example, ages its Jack Daniel’s whiskeys in oak […]

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