会计学-企业决策的基础-14版-12.pptVIP

Learning Objective Reporting the Results of Operations Discontinued Operations Discontinued Operations Discontinued Operations Discontinued Operations Discontinued Operations Extraordinary Items Material in amount. Gains or losses that are both unusual in nature and not expected to recur in the foreseeable future. Reported net of related taxes. Extraordinary Items Extraordinary Items - Example Learning Objective Earnings Per Share (EPS) Earnings Per Share (EPS) Earnings Per Share (EPS) Earnings Per Share (EPS) Learning Objective Basic and Diluted Earnings per Share Price-earnings Ratio (P/E) Learning Objective Accounting for Cash Dividends Dividend Dates Dividend Dates Dividend Dates Dividend Dates Dividend Dates Accounting for Stock Dividends Summary of Effects of Stock Dividends and Stock Splits Learning Objective Statement of Retained Earnings with Prior Period Adjustment Restrictions of Retained Earnings Learning Objective Prior Period Adjustments Learning Objective Comprehensive Income Comprehensive Income Learning Objective Statement of Stockholders’ Equity Stockholders’ Equity Section of the Balance Sheet Learning Objective Improving the Appearance of Income End of Chapter 12 Part I On March 1st, Matrix declared a $1 per share dividend on its 500,000 common shares outstanding. The dividend is payable on May 1st to stockholders of record on April 1st. Let’s look at the entry for March 1st. Part II The entry on March 1st includes a debit to Retained Earnings and a credit to Common Dividends Payable of $500,000. The ex-dividend date is an important date for purchasers and buyers of stock. This is the date which serves as the ownership cut-off point for the receipt of the most recent declared dividend. If you buy stock after this date but before the payment date, you will not receive the dividend. Who owns the stock must be known on the April 1st record date, but an accounting entry is not needed. Part I Let’s look at the entry for May 1st to record the pa