Question: Nestlé's financial statements are presented in Appendix B, and its complete annual report is available at www.nestle.com. Petra Foods' financial statements are presented in Appendix

Nestlé's financial statements are presented in Appendix B, and its complete annual report is available at www.nestle.com. Petra Foods' financial statements are presented in Appendix C, and its complete annual report is available at www.petrafoods.com.
Instructions
Use the financial statements provided in this textbook, as well as the notes to the financial statements provided at each company's website, to answer the following questions.
(a) What was the amount of basic earnings per share reported by each company for the most recent fiscal year shown? (For Petra Foods, use earnings related to continuing operations.)
(b) Compute the return on ordinary shareholders' equity for both companies for the most recent fiscal year shown. (For Petra Foods, use earnings related to continuing operations.) Discuss the relative profitability of the two companies.
(c) What was the total amount of dividends paid by each company for the most recent fiscal year shown?

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Petra Foods Nestl a Basic earnings per share US 971 CHF314 b Return on ordinary sharehol... View full answer

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