Acc/291 Week Three Reflection Summary

Abstract

For week three reflection summary the students were asked to discuss topics they felt comfortable with, in the topic they may have struggled with, and how the weekly topics related to the application of their field. The students of team B have some comments that are similar pertaining to the weekly reading assignment and some that are different. Some of the subjects that will be discussed are stock transactions, dividends, and retained earnings for example.

Week Three Reflection Summary

Rajesh Mathew's Comments

For week three I learned a lot of interesting things about the different types of stocks that are issued by corporations, and the impact it has on the company. I found that the organization I work for is more into the common stock because this insures them equity ownership. Also common stock influences the company of corporate policy, stock splits, and electing the company's board of directors. I guess now I know why the company I work for is pretty successful because they still are able to keep some kind of control under this type of stock. I think everything I have learned this week has been somewhat new to me, but interesting. The only challenge I came across was the Wiley assignment I am still trying to get used to it.

Luis Garcia's Comments

In week three I learned about stock dividends and cash dividends. I was reading on the dividends and how they are paid to the stockholders and it does not take a long time for them to get paid depending on when the declaration date and record date are. I also learned the process that corporations need to go through to establish themselves as a corporation. I was a bit confused with the difference between common stockholders and preferred, but it does make sense how preferred stockholders have advantages over common stockholders.

Luis Bazan's Comments

In week three we learned about companies becoming corporations and what the steps are to take to become a corporation. We also learned that although a corporation may operate in many states, it only has to apply in one state to become a corporation. We learned about types of stocks and the differences between common, preferred, and treasury stock. We learned about dividends and that companies can pay cash or stock dividends. We learned about a company's ability to buy back their own stock and how that might be a way to maintain controlling interest in the company. Everything we learned this week has been helpful as I track the stock prices of the corporation I work for and understand more about what can affect the price of a company's stock.

Mercedes London's Comments

While week three was filled with a lot