Refer to the financial statements of the Nestl Group given in Appendix A of this book. section*{Required:}

Question:

Refer to the financial statements of the Nestlé Group given in Appendix A of this book.

\section*{Required:}

1. Identify the types of shares that Nestle is authorized to issue, and their characteristics. Do all types of shares have the same voting rights? If not, explain why.

2. What is the number of shares outstanding on December 31, 2008?

3. Did the company pay dividends during fiscal year 2008 ? If so, how much per share?

4. Has the company ever issued a stock dividend or declared a stock split? If so, describe.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

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

Question Posted: