Research a publicly traded company of your choice using thelatest financial statements and announcement of quarterly or annualdividends per share, an announcement of a stock split of one to twoand the purchase of treasury stock. If all three events did nottake place, imagine, based on the latest financial statements ofthe company, that all three events did take place in thecompany, and build a scenario and projections as follows:
- Discuss the primary reporting alternatives the company has forthe repurchase of its own shares. How would each option affecttotal shareholders’ equity?
- How would a stock split of one for two be accounted for, howwould it affect shareholder’s equity, and why?
- How would the company account for the cash dividends fromdeclaration to the date of payment? What are the important datesfor dividends payment and how would it affect the balance sheet,and why?
