Listed here are the stockholders’ equity sections of three public companies for 2017 and 2018.

Required
a. Divide the class in three sections and divide each section into groups of three to five students. Assign each section one of the companies.
Group Tasks
Based on the company assigned to your group, answer the following questions:
b. What is the per share par or stated value of the common stock in 2018?
c. What was the average issue price of the common stock for each year?
d. How many shares of stock are outstanding at the end of each year?
e. What is the average cost per share of the treasury stock for 2018?
f. Do the data suggest that your company was profitable in 2018?
g. Can you determine the amount of net income from the information given? What is missing?
h. What is the total stockholders’ equity of your company for each year?
i. Have each group select a representative to present the information about its company. Compare the share issue price and the par or stated value of the companies.
j. Compare the average issue price to the current market price for each of the companies. Speculate about what might cause the difference.

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The Wendy's Company (in millions) Stockholders' equity Common stock, ?? par value per share, authorized: 1,500; 470 shares issued Additional paid-in capital Retained earnings Accumulated other comp. income (loss) Treasury stock, at cost: 239 shares in 2018 and 230 shares in 2017 Coca-Cola (in millions) Stockholders' equity Common stock, ?? par value per share, authorized: 11,200; issued: 7,040 shares in 2018 and 2017 Capital surplus Reinvested earnings Accumulated other comp. inc. (loss) Treasury stock, at cost: (2,772 shares in 2018 and 2,781 shares in 2017) General Mills (in millions) Stockholders' equity Common stock, ?? par value per share, 754.6 issued in 2016 and 2015 Additional paid-in capital Retained earnings Accumulated other comp. inc. (loss) Treasury stock, at cost: 152.7 and 161.5 shares in 2018 and 2017, respectively, at cost 2018 $47 2,885 146 (62) (2,368) 1,760 16,520 63,234 (12,814) (51,719) 2017 $47 2,886 (163) (46) (2,150) 1,760 15,864 60,430 (10,305) (50,677) 75.5 75.5 1,386.7 1,202.5 14,996.7 14,459.6 (2,625.4) (2,429.0) (6,779.0) (7,167.5)