CHAPTER 13: BROADENING YOUR PE Financial Reporting and Analysis (b) Gross p Return Return Market Financial Reporting Problem Market serie BYP13-1 The shareholders' equity section for Corus Entertain- ment Inc. is shown in the consolidated balance sheet in Appendix A. Instru. You will also find data related to this problem in the notes to the (9) financial statements. Instructions (a) How many classes of shares does Corus have? For each class of C) shares, specify how many shares are authorized and issued at August 31, 2014. (Hint: Refer to Note 15.) (b) Refer to Note 15 again. What are the rights of each class of shares? (c) Did Corus issue any additional shares in fiscal 2014? If so, specify how many were issued, for what dollar amount, and for what purpose. (d) What was the average per share amount of each class of Corus's shares at the end of fiscal 2014? (e) (e) Did Corus declare any cash dividends in fiscal 2014? If yes, how much? (f) Corus's return on equity was calculated for fiscal 2014 in Illus- tration 13-8. Calculate the company's return on equity for fiscal 2013. Did this ratio improve or worsen from 2013 to 2014? Interpreting Financial Statements BYP13-2 Loblaw Companies Limited, headquartered in Brampton Ontario ilfodborata il 111 CIMEN FINANCIAL STATEMENTS Corus Entertainment In this appendix, we illustrate current financial reporti cial statements that are prepared in accordance with gene We are grateful for permission to use the actual financial Canada's foremost integrated media and entertainment a Corus's financial statement package features consolidated of income and comprehensive income, consolidated statements of de cial reporting, with a comprehensive dance with generally accepted conting pages Awal financial statements of Corus Entertainment atures consolidated statements of financial s .com atements of cash flows, and notes to the financial statements. The by two reports: a statement of management Tes ty solidated statements of income and co shareholders' equity, consolidated statements of cash flows financial statements are preceded by two reports: a statement financial reporting and the independent auditors' report. We encourage students to use these financial statements in conjunction with a she textbook. As well, these statements can be used to solve the Financial Reporting Problem in the Broadening Your Perspective section of the end-of-chapter material, Annual reports, including the financial statements are reviewed in detail in WilayPLUS and on the companion website to this textbook CHAPTER 13: BROADENING YOUR PE Financial Reporting and Analysis (b) Gross p Return Return Market Financial Reporting Problem Market serie BYP13-1 The shareholders' equity section for Corus Entertain- ment Inc. is shown in the consolidated balance sheet in Appendix A. Instru. You will also find data related to this problem in the notes to the (9) financial statements. Instructions (a) How many classes of shares does Corus have? For each class of C) shares, specify how many shares are authorized and issued at August 31, 2014. (Hint: Refer to Note 15.) (b) Refer to Note 15 again. What are the rights of each class of shares? (c) Did Corus issue any additional shares in fiscal 2014? If so, specify how many were issued, for what dollar amount, and for what purpose. (d) What was the average per share amount of each class of Corus's shares at the end of fiscal 2014? (e) (e) Did Corus declare any cash dividends in fiscal 2014? If yes, how much? (f) Corus's return on equity was calculated for fiscal 2014 in Illus- tration 13-8. Calculate the company's return on equity for fiscal 2013. Did this ratio improve or worsen from 2013 to 2014? Interpreting Financial Statements BYP13-2 Loblaw Companies Limited, headquartered in Brampton Ontario ilfodborata il 111 CIMEN FINANCIAL STATEMENTS Corus Entertainment In this appendix, we illustrate current financial reporti cial statements that are prepared in accordance with gene We are grateful for permission to use the actual financial Canada's foremost integrated media and entertainment a Corus's financial statement package features consolidated of income and comprehensive income, consolidated statements of de cial reporting, with a comprehensive dance with generally accepted conting pages Awal financial statements of Corus Entertainment atures consolidated statements of financial s .com atements of cash flows, and notes to the financial statements. The by two reports: a statement of management Tes ty solidated statements of income and co shareholders' equity, consolidated statements of cash flows financial statements are preceded by two reports: a statement financial reporting and the independent auditors' report. We encourage students to use these financial statements in conjunction with a she textbook. As well, these statements can be used to solve the Financial Reporting Problem in the Broadening Your Perspective section of the end-of-chapter material, Annual reports, including the financial statements are reviewed in detail in WilayPLUS and on the companion website to this textbook