Assume you are the chief accountant making a presentation during the stockholders annual meeting for your corporation. Provide a brief explanation to stockholders on each of the following questions:

Shares

In what ways can shares be preferred? In which ways are they similar and different from common shares? Give real-world examples.

How does the book value of shares of stock differ from the market value of shares of stock? Use a real-world example in your answer.

Dividends

Discuss at least three key issues that a board of directors considers when making a dividend declaration decision.

How does a share dividend differ from a share split?

Retained Earnings

Explain why companies place restrictions on some of their retained earnings.