Question
1.) The major reason SunPower's equity turned negative during 2018 was A. A Loss B. buying back stock C. stock-based compensation D. Paying Dividends E.
1.) The major reason SunPower's equity turned negative during 2018 was
A. A Loss
B. buying back stock
C. stock-based compensation
D. Paying Dividends
E. Buying out part of the noncontrolling interest
F. Other comprehensive loss
2.) The par value of SunPower's Common Stock equal ______ per share.
A.) There is no par value
B.) $140
C.) $0.001
D.) $17.50
3.) The amount per share SunPower received when it issued its share of common stock is closest to:
A.) $7.50
B.) $2442
C.) $0.001
D.) $17.50
E.) $140
4.) The amount SunPower paid to buy back stock in 2018 was closest to
A.) $7.50
B.) $747
C.) $5530
D.) $0.001
E.) $17.50
F.) $140
SunPower Corporation Statement of Stockholders Equity (All numbers in thousands) Common Stock Redeemable Noncontrolling Interests Additional Paid-in Capital $2,442,513 Treasury Stock Accumulated Deficit Accumulated Other Comprehensive Loss ($3,008) Noncontrolling Interests Shares Value Total Stockholders' Equity (Deficit) $588,209 (811,091) (1,142) 139,658 $140 ($181,539) $15,236 (29,171) ($1,669,897) (811,091) $104,179 (77,235) Total Equity (Deficit) $692,388 (888,326) (1,142) - (1,142) 2,267 2 2 25,790 Balances at December 31, 2017 Net loss Other comprehensive loss Issuance of restricted stock to employees, net of cancellations Stock-based compensation expense Contributions from noncontrolling interests Distributions to noncontrolling interests Purchases of treasury stock Reduction of non-controlling interest due to sale of interest in residential lease portfolio Noncontrolling interest buyout Balances at December 30, 2018 NII 25,790 36,734 (7,425) IL | | | | 114,470 (13,438) 25,790 114,470 (13,438) (5,531) (747) (1) (5,530) (5,531) (15,374) (4,933) 2,463,370 (4,933) (208,696) (61,766) (7,400) 58,810 (61,766) (12,333) (149,886) 141,178 141 (187,069) (4,150) (2,480,988)Step by Step Solution
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