Nestls financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix

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Nestlé’s financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix C. The complete annual reports of Nestlé and Delfi , including the notes to the financial statements, are available at each company’s respective website.


Instructions
a. Determine basic earnings per share and then compute earnings per share and return on ordinary shareholders’ equity for both companies for 2016. Can these measures be used to compare the profitability of the two companies? Why or why not?
b. What was the total amount of dividends paid by each company in 2016?

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...
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Related Book For  answer-question

Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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