Sm Ch 12

Topics: Corporate finance, Income statement, Stock Pages: 107 (11887 words) Published: January 4, 2015
CHAPTER 12
INCOME AND CHANGES
IN RETAINED EARNINGS
OVERVIEW OF BRIEF EXERCISES, EXERCISES, PROBLEMS, AND CRITICAL THINKING CASES
Brief
Exercises
B. Ex. 12.1
B. Ex. 12.2
B. Ex. 12.3
B. Ex. 12.4
B. Ex. 12.5
B. Ex. 12.6
B. Ex. 12.7
B. Ex. 12.8
B. Ex. 12.9
B. Ex. 12.10

Topic
Extraordinary loss
Extraordinary gain
Discontinued operations
Cash and stock dividends
Statement of retained earnings
Statement of retained earnings
Cash dividend journal entries
Stock dividend journal entries
Stockholders' equity section of
balance sheet
Comprehensive income

Exercises
12.1
12.2

Topic
Stock dividends and stock splits
Terminology

12.3
12.4
12.5

Discontinued operations
Extraordinary items
Earnings per share: effect of
preferred stock
Restating earnings per share for
stock dividends
Stock dividends and splits
Effect of stock dividends on stock
price
Effects of transactions upon
financial measurements
Effects of transactions upon
earnings per share
Identifying source of desired
financial information
Comprehensive income
Cash and stock dividends

12.6
12.7
12.8
12.9
12.10
12.11
12.12
12.13
12.14

Real World: Home Depot
EPS and dividends

Learning
Objectives
12-1
12-1
12-1
12-4
12-5
12-5, 12-6
12-4
12-4

Analysis
Analysis
Analysis
Analysis
Analysis
Analysis
Analysis
Analysis

12-4, 12-8
12-7

Analysis
Analysis

Learning
Objectives
12-4
12-1–12-4,
12-6, 12-7
12-1, 12-2
12-1, 12-2
12-2
12-2, 12-4

Skills

Skills
Analysis, communication
Analysis
Analysis
Analysis
Analysis
Analysis

12-4
12-4

Analysis
Communication

12-8

Analysis

12-2, 12-4

Communication

12-1, 12-5,
12-8
12-7
12-4

Analysis

12-3, 12-5

Analysis
Analysis, communication,
judgment
Analysis, communication

Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.

12.15

Real World: Home Depot
Analysis of stock information

12-1, 12-8

Analysis, communication

Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.

Problems
Sets A, B
12.1 A,B
12.2 A, B
12.3 A, B
12.4 A, B
12.5 A, B
12.6 A, B
12.7 A, B
12.8 A, B
12.9 A, B

Topic
Reporting unusual events
Format of statements of income
and retained earnings
Reporting unusual events: a
comprehensive problem
Stock splits, stock dividends,
treasury stock, and book value
Statement of stockholders’ equity
Dividends and treasury stock
transactions
Effects of transactions upon
financial measurements
Stockholders’ equity:
comprehensive
Format of an income statement

Learning
Objectives
12-1, 12-2
12-1, 12-2,
12-5, 12-6
12-1, 12-2,
12-5, 12-6
12-4

Analysis, communication

12-4, 12-8

Analysis, communication

12-4, 12-8

Analysis

12-8

Skills
Analysis
Analysis, communication
Analysis, communication

Analysis, communication

12-4, 12-8

Analysis

12-1, 12-2

Analysis

Critical Thinking Cases
12.1
12-1
Real World: Atlantic Richfield
Company, American Airlines,
Union Carbide Corp., Georgia
Pacific Corporation
Reporting special events
12.2
12-1
Forecasting continuing
operations
12.3
Interpreting earnings per share
12-1–12-3
12.4
12-8
Analyzing statement of stockholders’
equity
12.5
Classifying unusual items
12-1, 12-2,
12-8
12.6
Managing profitability
12-9
(Ethics, fraud & corporate
governance)
12.7
12-2
Real World: Martin Marietta
Analyzing stockholders' equity and EPS

Analysis, communication

Analysis, communication
Analysis, communication
Analysis, communication
Analysis, communication
Analysis, communication

Communication, research,
Technology

Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Sm Ch 11 Essay
  • Sm Ch 16 Essay
  • Ch 12 Essay
  • Essay about Ch 4 7e SM Final
  • Sm Ch 23 Essay
  • Sm Ch 9 Essay
  • Sm Ch 25 Essay
  • ch. 12 discussion questions Essay

Become a StudyMode Member

Sign Up - It's Free