Question
Analyzing Stockholders Equity Accounts and Transactions Nutrien Ltd.the worlds largest potash produceris a Canadian corporation based in Saskatoon, Saskatchewan. The following is information taken from
Analyzing Stockholders Equity Accounts and Transactions Nutrien Ltd.the worlds largest potash produceris a Canadian corporation based in Saskatoon, Saskatchewan. The following is information taken from its financial statements reported in $US but prepared in accordance with IFRS.
Authorized The company is authorized to issue an unlimited number of common shares without par value and an unlimited number of preferred shares. The common shares are not redeemable or convertible. The preferred shares may be issued in one or more series with rights and conditions to be determined by the Board of Directors. No first preferred shares have been issued.
Please answer all parts of the question.
\begin{tabular}{|l|r|} \hline \multicolumn{1}{|c|}{ Issued } & Number of Common Shares \\ \hline Balance, December 31, 2017 & 644,197,473 \\ \hline Issued under option plans & 670,201 \\ \hline Repurchased & (36,332,197) \\ \hline Balance, December 31, 2018 & 608,535,477 \\ \hline \end{tabular} a. How many shares are issued at December 31, 2018 ? b. At what average price were these shares issued as of December 31, 2018? Note: Round your answer to two decimal places (for example, enter 67.49 for 67.48555 ). $0 c. 1. How many shares are issued under option plans at December 31, 2018? shares 2. At what average price were these shares issued? Note: Round your answer to two decimal places (for example, enter 67.49 for 67.48555). $ d. Does the company have any treasury stock? e. On December 14, 2018, the company's Board of Directors declared a quarterly dividend of $0.43 per share, payable to all shareholders of record on March 29 , 2019. Assuming that the number of shares outstanding on March 29, 2019, is the same as on December 31, 2018, what dividends will the company pay? million f. Comprehensive income includes net income plus other comprehensive income. What was the company's comprehensive income for 2018 ? \$ millionStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started