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1、c11CorporationsOrganizationsStockTransactionsDividendsAndRetainedEarnings.inddPage5369/27/113:41AMuser-F393/Users/user-F393/DesktopCorporations:Organization,StockTransactions,Dividends,andChapter11RetainedEarningsFeatureStoryWhat’sCooking?Nikewasco-foundedbyBowermanandPhilKnigh
2、t,amemberofBowerman’sWhatmajorU.S.corporationgotitsUniversityofOregontrackteam.start41yearsagowithawaffleiron?EachbeganintheshoebusinessHint:Itdoesn’tsellfood.Anotherhint:independentlyduringtheearly1960s.Swoosh.Anotherhint:“Justdoit.”BowermangothisstartbymakingThat’sright,Nike.I
3、n1971,Nikehand-craftedrunningshoesforhisco-founderBillBowermanputapieceUniversityofOregontrackteam.ofrubberintoakitchenwaffleiron,Knight,aftercompletinggraduateandthetrademarkwafflesolewasschool,startedasmallbusinessborn.ItseemsfairtosaythatatNike,importinglow-cost,high-qualitysh
4、oes“Theydon’tmake’emliketheyfromJapan.In1964,thetwojoinedusedto.“✔TheNavigatorLearningObjectivesScanLearningObjectivesAfterstudyingthischapter,youshouldbeableto:ReadFeatureStory1Identifythemajorcharacteristicsofacorporation.ReadPreview2Recordtheissuanceofcommonstock.Readtextand
5、answerDOIT!p.5453Explaintheaccountingfortreasurystock.p.547p.550p.554p.5604Differentiatepreferredstockfromcommonstock.p.563p.567p.5705PreparetheentriesforcashdividendsandstockWorkComprehensiveDOIT!p.571dividends.ReviewSummaryofLearningObjectives6Identifytheitemsreportedinaretai
6、nedearningsstatement.AnswerSelf-TestQuestions7PrepareandanalyzeacomprehensivestockholdersCompleteAssignmentsequitysection.GotoWileyPLUSforpracticeandtutorials✔TheNavigatorReadALookatIFRSp.597536c11CorporationsOrganizationsStockTransactionsDividendsAndRetainedEarnings.inddPage53
7、79/27/113:41AMuser-F393/Users/user-F393/Desktopforces,eachcontributing$500,andformedBlueRibbonNikehasenjoyedphenomenalgrowth,with2011salesSports,apartnershipthatmarketedJapaneseshoes.reaching$20.7billionandtotaldividendspaidof$569million.Itwasn’tuntil1971thatthecompanybeganmanu
8、facturingitsownlineofNikeisnotaloneinitsquestforthesho
