- 15.1: In the absence of restrictive provisions, what are the basic rights...
- 15.2: Why is a preemptive right important?
- 15.3: Distinguish between common and preferred stock.
- 15.4: Why is the distinction between paid-in capital and retained earning...
- 15.5: Explain each of the following terms: authorized capital stock, unis...
- 15.6: What is meant by par value, and what is its significance to stockho...
- 15.7: Describe the accounting for the issuance for cash of nopar value co...
- 15.8: Explain the difference between the proportional method and the incr...
- 15.9: What are the different bases for stock valuation when assets other ...
- 15.10: Explain how underwriting costs and accounting and legal fees associ...
- 15.11: For what reasons might a corporation purchase its own stock?
- 15.12: Discuss the propriety of showing: (a) Treasury stock as an asset. (...
- 15.13: What features or rights may alter the character of preferred stock?
- 15.14: Dagwood Inc. recently noted that its 4% preferred stock and 4% part...
- 15.15: Where in the financial statements is preferred stock normally repor...
- 15.16: List possible sources of additional paid-in capital.
- 15.17: Satchel Inc. purchases 10,000 shares of its own previously issued $...
- 15.18: Indicate how each of the following accounts should be classified in...
- 15.19: What factors influence the dividend policy of a company?
- 15.20: What are the principal considerations of a board of directors in ma...
- 15.21: Dividends are sometimes said to have been paid out of retained earn...
- 15.22: Distinguish among: cash dividends, property dividends, liquidating ...
- 15.23: Describe the accounting entry for a stock dividend, if any. Describ...
- 15.24: Stock splits and stock dividends may be used by a corporation to ch...
- 15.25: The following comment appeared in the notes of Colorado Corporation...
- 15.26: This comment appeared in the annual report of MacCloud Inc.: The Co...
- 15.27: For what reasons might a company restrict a portion of its retained...
- 15.28: How are restrictions of retained earnings reported?
- 15.29: McNabb Corp. had $100,000 of 7%, $20 par value preferred stock and ...
Solutions for Chapter 15: Stockholders’ Equity
Full solutions for Intermediate Accounting | 15th Edition
Summary of Chapter 15: Stockholders’ Equity
fluctuations in economic activity, such as employment and production
a government regulation specifying a minimum amount of bank capital
goods that are excludable but not rival in consumption
balances in bank accounts that depositors can access on demand by writing a check
the offering of different opportunities to similar individuals who differ only by race, ethnic group, sex, age, or other personal characteristics
a person who receives the benefit of a good but avoids paying for it
the automatic correction by law or contract of a dollar amount for the effects of inflation
law of supply
the claim that, other things being equal, the quantity supplied of a good rises when the price of the good rises
a tax that is the same amount for every person
a situation in which a market left on its own fails to allocate resources efficiently
the total income in the economy that remains after paying for consumption and government purchases
natural level of output
the production of goods and services that an economy achieves in the long run when unemployment is at its normal rate
claims that attempt to prescribe how the world should be
the amount of a good that buyers are willing and able to purchase
the fraction of deposits that banks hold as reserves
rivalry in consumption
the property of a good whereby one person’s use diminishes other people’s use
the organized withdrawal of labor from a firm by a union
unit of account
the yardstick people use to post prices and record debts
a measure of happiness or satisfaction
costs that vary with the quantity of output produced