a. What financial statement element best describes treasury stock? Financial statement elements provide the most basic definition of financial statement components and were covered in chapter 1.

b. How many shares of stock has Yum repurchased over the last three years?

c. How much cash has Yum spent reacquiring its stock over the last three years?

d. On average, how much per share did Yum pay for its treasury stock in 2017?

e. How many shares of stock has Yum distributed over the last three years for employee stock options?