Let's look at Dick's Sporting Goods (Dick's) some more. Think about Dick's. How did Dick's get the

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Let's look at Dick's Sporting Goods (Dick's) some more. Think about Dick's. How did Dick's get the money in order to fund its operations? Return to Dick's Annual Report and look at Dick's financial statements (see the Continuing Financial Statement Analysis Problem in Chapter 2 for instructions on how to access the Annual Report).
Now answer the following questions:
1. Look at Dick's balance sheet. What are the different types of stockholders' equity reported on Dick's balance sheet? Read the financial statements, including footnote 9 found on pages 56 and 57. Describe each type of stockholders' equity.
2. Look at Dick's January 31, 2015 Statement of Changes in Stockholders' Equity (page 47 of Dick's 2014 annual report). What happened during the year ending on January 31, 2015?
3. What is Dick's' return on equity (ROE) for the year ending January 31, 2015? What does this ratio tell you?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Financial Accounting

ISBN: 978-0134436111

4th edition

Authors: Robert Kemp, Jeffrey Waybright

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