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 comprehensive income (in millions):

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?

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