Why does the preferred stockholders' equity section of the balance sheet change only when new shares are sold or repurchased,

whereas the common stockholders' equity section changes from year to year regardless of whether new shares are bought or sold?

Preferred stock is a fixed perpetuity. Common equity consists of the paid in capital plus changes in retained earnings. The portion of net income not paid as dividends to common stock holders becomes additions to retained earnings for the firm. Because this money belongs to the shareholders but is being retained by the firm and reinvested, it is considered an addition to the equity provided by common shareholders.

Business

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________ are flexible and allow for explanation of difficult questions as well as demonstrating products

A) Mail questionnaires B) Telephone interviews C) Individual interviews D) Online questionnaires E) E-mail interviews

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An approach that involves using the good will of a third party to make contact with the prospect is the:

A) referral approach B) question approach C) product demonstration approach D) survey approach E) premium approach

Business