1. Describe the following details about your corporation's common stock: a. Authorized number of shares b....
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1. Describe the following details about your corporation's common stock: a. Authorized number of shares b. Par or stated value per share c. Issued number of shares d. Outstanding number of shares e. Treasury stock Category: Retained Earnings 1. Use the following equation and show how the Retained Earnings account has changed over the past two years. Retained earnings, beginning balance + Prior period adjustments = Retained earnings, adjusted balance + Net Income - Retirement of Treasury stock - Dividends = Retained earnings, ending balance Category: Analysis 1. Calculate the following ratios for the most recent two years and comment on the results of your ratio analysis. How do the results for your company compare to industry averages? a. Return on stockholder's equity b. Earnings per share (EPS) c. Price-earnings (PE) ratio d. Payout ratio 1. Describe the following details about your corporation's common stock: a. Authorized number of shares b. Par or stated value per share c. Issued number of shares d. Outstanding number of shares e. Treasury stock Category: Retained Earnings 1. Use the following equation and show how the Retained Earnings account has changed over the past two years. Retained earnings, beginning balance + Prior period adjustments = Retained earnings, adjusted balance + Net Income - Retirement of Treasury stock - Dividends = Retained earnings, ending balance Category: Analysis 1. Calculate the following ratios for the most recent two years and comment on the results of your ratio analysis. How do the results for your company compare to industry averages? a. Return on stockholder's equity b. Earnings per share (EPS) c. Price-earnings (PE) ratio d. Payout ratio
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Answer rating: 100% (QA)
1a Authorized number of shares This refers to the maximum number of shares that a corporation is authorized to issue as per the companys articles of incorporation b Par or stated value per share This ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
Posted Date:
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