The financial statements of M&S (GBR) are presented in Appendix A. The company's complete annual report, including the notes to the financial statements, is available online.
Instructions
Refer to M&S's financial statements and the accompanying notes to answer the following questions.
a. What is the par or stated value of M&S's preference shares?
b. What is the par or stated value of M&S's ordinary shares?
c. What percentage of M&S's authorized ordinary shares was issued at year-end 2016?
d. How many ordinary shares were outstanding at year-end 2015 and 2016?
e. What was the pound amount effect of the cash dividends on M&S's equity?
f. What is M&S's return on ordinary share equity for 2016 and 2015?
g. What is M&S's payout ratio for 2016 and 2015?