ACCT 551 Week 5 (Homework, Discussions & Quiz)
ACCT 551 Week 5 Homework Assignment: E15-15, E15-16, E15-18
ACCT-551 Week 5 Quiz (3 Practice Versions – View Questions)
ACCT-551 Week 5 Discussion 1: Wiebold, Incorporated
Discuss Case 2 (Wiebold, Incorporated) on page 825. Please answer the questions that are presented in the case.
Case 2: Wiebold, Inc. The following note related to stockholders’ equity was reported in Wiebold, Inc.‘s annual report.
|On February 1, the Board of Directors declared a 3-for-2 stock split, distributed on February 22 to shareholders of record on February 10………On the basis of amounts declared and paid, the annualized quarterly dividends per share were $0.80 in the current year and $0.75 in the prior year.|
Name: Jennifer Lucas
Status: Online ⬤
Classes Taken: 3878
ACCT 551 Week 5 Discussion 2: Dividends
There are various types of dividends; however, the two most common dividends have to do with either a cash dividend or a stock dividend. With a cash dividend the shareholder receives cash, based on the number of shares that is owned. In a stock dividend the shareholder receives stock certificates, based on the number of shares owned. From the perspective of the stockholder, which dividend would do you think they would prefer and from the perspective of the company, which dividend do you think they would prefer. Please fully explain your answer, giving reasons as to why.
With cash dividends there is not much choice. The shareholder will receive payment as check or electronic transfer. Also, cash dividends are immediately taxable as income. With stock dividend there is some choice………. If my company is established than choose cash dividend because little opportunity for growth and do not need all of the cash earnings……..