As a team, select an industry to analyze. A list of companies classified by industry can be

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As a team, select an industry to analyze. A list of companies classified by industry can be obtained by accessing Www.fpinfon!art.can and then choosing "Companies by Industry." You can also find a list of industries and companies within each industry via http://ea.finance.yahoo.com/investing (click on "Annual Reports" under "Tools"). Using a Web browser, each team member should acquire the annual report for one publicly traded company in the industry, with each member selecting a different company.

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On an individual basis, each team member should then write a short report answering the following questions about the selected company. Discuss any patterns across the companies that you as a team observe. Then, as a team, write a short report comparing and contrasting your companies.

1.

a. List the accounts and amounts of the company's shareholders' equity.

b. From the notes to financial statements, identify any unusual features in the contributed capital accounts (e.g., convertible preferred, nonvoting common), if any.

2. Identify the cash flows related to share capital transactions. You will need to refer to the statement of cash flows.

a. If new shares were issued during the year, what was the average price per share at the time of issuance?

b. Reconstruct the journal entry for the issuance of shares.

3. What type of dividends did the company declare during the year? How much was paid in cash?

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780070001497

4th Canadian Edition

Authors: Patricia A. Libby, Daniel Short, George Kanaan, Maureen Libby Gowing, Robert Libby

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