Refer to Polaris financial statements in Appendix A to answer the following. 1. How many shares of

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Refer to Polaris’ financial statements in Appendix A to answer the following.
1. How many shares of common stock are issued and outstanding at December 31, 2011 and 2010? How do these numbers compare with the basic weighted-average common shares outstanding at December 31, 2011 and 2010?
2. What is the book value of its entire common stock at December 31, 2011?
3. What is the total amount of cash dividends paid to common stockholders for the years ended December 31, 2011 and 2010?
4. Identify and compare basic EPS amounts across years 2011, 2010, and 2009. Identify and comment on any notable changes.
5. How many shares does Polaris hold in treasury stock, if any, as of December 31, 2011 and 2010?

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...
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...
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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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