The following are the stockholders’ equity sections of three public companies for years ending in 2015 and 2016:

Required
a. Divide the class into three sections and divide each section into groups of three to five students. Assign each section one of the companies.

Group Tasks
Based on the company assigned to your group, answer the following questions.
b. What is the per share par or stated value of the common stock in 2016?
c. What was the average issue price of the common stock for each year?
d. How many shares of stock are outstanding at the end of each year?
e. What is the average cost per share of the treasury stock for 2016?
f. Do the data suggest that your company was profitable in 2016?
g. Can you determine the amount of net income from the information given? What is missing?
h. What is the total stockholders’ equity of your company for each year?

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2016 2015 The Wendy's Company (in thousands) Stockholders' equity Common stock, ? par value per share, authorized: 1,500,000; 470,424 shares issued Additional paid-in capital Retained earnings Accumulated other comp. income (loss) Treasury stock, at cost: 223,850 in 2016 and 198,109 in 2015 $ 47,042 $ 47,042 2,878,589 2,874,752 (356,632) (70,823) (290,857) (63,241) (2,043,797) (1,741,425) Coca-Cola (in millions) Stockholders' equity Common stock, ? par value per share, authorized: 11,200; issued: 7,040 shares in 2016 and 2015 Capital surplus Reinvested earnings Accumulated other comp. inc. (loss) Treasury stock, at cost: (2,752 shares in 2016 and 2,716 shares in 2015) 1,760 14,993 65,502 (11,205) 1,760 14,016 65,018 (10,174) (47,988) (45,066) General Mills (in millions) Stockholders' equity Common stock, ? par value per share, 754.6 issued in 2016 and 2015 75.5 1,177.0 75.5 Additional paid-in capital Retained earnings Accumulated other comp. inc. (loss) Treasury stock, at cost: 158.7 and 155.9 shares in 2016 and 2015, respectively, at cost 1,296.7 12,616.5 11,990.8 (2,310.7) (2,612.2) (6,326.6) (6,055.6)