Listed here are the stockholders' equity sections of three public companies for years ending in 2008 and

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Listed here are the stockholders' equity sections of three public companies for years ending in 2008 and 2007:


Listed here are the stockholders' equity sections of three public companies


Required
Group Tasks
Based on the company assigned to your group, answer the following questions.
a. What is the per share par or stated value of the common stock in 2008?
b. What was the average issue price of the common stock for each year?
c. How many shares of stock are outstanding at the end of each year?
d. What is the average cost per share of the treasury stock for 2008?
e. Do the data suggest that your company was profitable in 2008?
f. Can you determine the amount of net income from the information given? What is missing?
g. What is the total stockholders' equity of your company for eachyear?

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Survey of Accounting

ISBN: 978-0078110856

3rd Edition

Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi

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