Facebook, Inc. is a mobile application and Web site that enables people to connect, share, discover, and
Question:
Requirements
1. Review Item 5 (Dividend Policy) of the 2015 annual report. Has Facebook ever paid a dividend? Provide the company's reasoning.
2. Review the balance sheet for Facebook. What is the par value of its Class A common shares.
3. Does Facebook have any treasury stock? How do you know?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
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Requirement 1 Facebook has never paid any cash divid...View the full answer
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Related Book For 
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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