Financial Statement Analysis List and describe the classes of shares that the company has authorized. How many
Question:
Financial Statement Analysis
List and describe the classes of shares that the company has authorized. How many of each class are issued and outstanding at the end of the most recent year?
Did the company issue any new shares during the most recent year? If so, how many did it issue and what was the average issue price?
What was the total dollar value of dividends that the company declared in the most recent year? How much cash did the company use to pay dividends in the most recent year? Why might these figures be different?
Compute the companys return on assets and return on equity for the most recent year and the previous year. Based on this information, what is your assessment of the companys performance in the most recent year compared to the previous year?
Financial Accounting
ISBN: 978-0134564142
6th Canadian edition
Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin