E8.1. Some Basic Calculations (Easy)

a. A firm listed total shareholders' equity on its balance sheet at $237 million. Preferred shareholders' equity was $32 million. What is the common shareholders' equity?

b. From the following information, calculate the net dividend to shareholders and com- prehensive income (in millions): Common shareholders' equity beginning of period Common share issues Common share repurchases Common dividends Common shareholders' equity, beginning of period $1,081 230 45 36 $1,292

c. A firm reported $62 million of comprehensive income in its statement of shareholders" equity but $87 million as net income in its income statement. What explains the difference?