The first episode of Accounting Explained has now been released. In this episode, we discuss the features of a corporation, including the advantages and disadvantages. You can access this podcast episode at this link. Background: Professor Jill Mitchell and I have teamed up to create a series of podcasts for introductory financial accounting. Our podcast […]
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Tag Archives: stockholders’ equity
How does Chipotle’s 50-to-1 stock split impact its stockholders’ equity?
September 12, 2024 
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Chipotle Mexican Grill announced a 50-to-1 stock split in June of 2024. This was the first time that Chipotle split its stock since going public in 2006. It was also one of the biggest stock splits ever among S&P 500 firms. On the day of the stock split, each share of Chipotle (NYSE: CMG) stock […]
Continue readingNew! Crossword puzzle to review stockholders’ equity concepts
November 13, 2022 0 Comments
Below are links to a crossword puzzle to review stockholders’ equity concepts in financial accounting. Both links are to the same puzzle, but one has a solution enabled and the other does not. Stockholders’ equity crossword puzzle: Share this link with your students to have them work on the puzzle without access to the solution. […]
Continue readingHow does Amazon’s stock buyback impact its earnings per share and balance sheet?
April 19, 2022 4 Comments
In March 2022, Amazon’s board of directors authorized it to buy back up to $10 billion of its stock. The stock buyback will take place over a multi-year period. Amazon may not buy back the full $10 billion of its stock; the board’s authorization is simply the maximum amount of stock that can be repurchased. […]
Continue readingHow does Amazon’s 20-for-1 stock split impact its stockholders’ equity?
March 28, 2022 0 Comments
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 readingHow does Kellogg’s dividend announcement impact its financial statements?
November 9, 2020 4 Comments
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 […]
Continue readingHow will Levi Strauss & Co’s initial public offering affect the company?
January 28, 2019 0 Comments
Levi Strauss & Co., the long-time maker of blue jeans, is planning its initial public offering (IPO) in early 2019. The company is hoping to raise between $500 – $800 million from its IPO. Levi Strass has been privately-held since 1996 after Levi Strauss’ descendants bought out the company. Levi Strauss, the founder, started the […]
Continue readingHow did the reverse stock split of Movie Pass’s parent company affect its total stockholders’ equity?
August 22, 2018 0 Comments
Helios and Matheson, Inc. (NASDAQ: HMNY) is the parent company of MoviePass, the theater subscription service. MoviePass has struggled to find a sustainable, profitable business model. Its original $10 per month subscription plan allowed subscribers to see one movie per day. MoviePass had to pay most theaters the full price of the ticket each time […]
Continue readingWhen comparing 2017 to 2008, how can Target Corporation’s EPS rise, yet its net earnings decrease?
November 16, 2017 0 Comments
Target Corporation (NYSE: TGT) has been repurchasing its common stock over the past several years. Target’s fiscal year ends on the Saturday nearest to January 31. Use the information from Target’s 2017 and 2008 fiscal years (a ten-year gap) in this table to answer the questions that follow. Target Corporation Comparing 2017 EPS to 2008 […]
Continue readingHow is the balance sheet of Rovio, the maker of Angry Birds, impacted by its Initial Public Offering?
November 5, 2017 0 Comments
Rovio Entertainment Corporation, the maker of the Angry Birds mobile games, recently made its Initial Public Offering (IPO) on the Helsinki NASDAQ stock exchange. Rovio stock is not available through U.S. stock exchanges. Rovio’s headquarters is in Finland. It also has offices in the United States, Sweden, China, and the United Kingdom. Rovio’s IPO in […]
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