Obtain Priceline.com's 2016 10-K (filed February 27, 2017) either through the ''Investor Relations'' portion of its website

Question:

Obtain Priceline.com's 2016 10-K (filed February 27, 2017) either through the ''Investor Relations'' portion of its website (do a web search for Priceline investor relations), or go to www.sec.gov and click ''Company Filings Search'' under ''Filings.''

Required:

1. What is the par value of the common stock and how many shares of common stock are authorized, issued, and outstanding at December 31, 2016?

2. What is Priceline.com's dividend policy? Why do you think they have this policy?

3. What is the common stockholders' equity at December 31, 2016 (in thousands)?

4. How many shares of treasury stock were held at the end of 2016? What did they cost?

5. Calculate the dividend and stock repurchase payouts.

6. Taking the weighted average number of basic common shares outstanding from the EPS information at the bottom of the income statement, calculate the stockholder profitability ratios.

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...