The financial statements of adidas (DEU) and Puma (DEU) are presented in Appendices B and C, respectively.
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Instructions
Use the companies' financial statements to answer the following questions.
a. What is the par or stated value of adidas's and Puma's ordinary shares?
b. How many shares were issued by adidas and Puma at December 31, 2015?
c. How many shares are held as treasury shares by adidas at December 31, 2015, and by Puma at December 31, 2015?
d. How many adidas ordinary shares are outstanding at December 31, 2015? How many Puma ordinary shares are outstanding at December 29, 2015?
e. What amounts of cash dividends per share were declared by adidas and Puma in 2015? What were the monetary amount effects of the cash dividends on each company's equity?
f. What are adidas's and Puma's return on equity for 2015 and 2014? Which company gets the higher return on the equity of its shareholders?
g. What are adidas's and Puma's payout ratios for 2015?
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
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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