Question
Honda Motor Company is the largest producer of motorcycles in the? world, as well as a major auto manufacturer. Honda included the following items in
Honda Motor Company is the largest producer of motorcycles in the? world, as well as a major auto manufacturer. Honda included the following items in its 2009 balance sheet? (in millions of Japanese? Yen, )
Requirement 1. What is the par value of Honda common? stock?
Select the formula and then enter the amounts to calculate the value to report as par value. ?(Round your final answer to one? decimal.)
(*** on the first two blanks, i was given with the choices below ?!)
(and the latter two blanks, please put in numbers)
Requirement 2. What was the average price per share paid by the original investors for the
Honda common? stock? Select the formula and then enter the amounts to calculate the average price paid per share. ?(Round your final answer to one? decimal.)
(** again for the first two blanks, refer to the choices below ?! )
(and the latter two blanks, please put in numbers again..)
Requirement 3. How do your answers compare with the 2,150 market price of the stock at the end of fiscal? 2009? Comment briefly. (please choose one in each brackets)
The relatively large [ increase / decrease ] from the original issuance price? (determined in requirement 2? above) and the current market price of 2,150 is quite typical of [ many large successful companies / companies that are financially struggling ]. This is usually caused by [ decreased / increased ] investment attractiveness based on a record of [ profitable / unprofitable ] operations over many years.
(Thank you so so much!!)
Common stock-authorized 7,086,000,000 86,067 shares, issued 1,834,828, 430 shares Capital surplus" 172.529 Honda uses the term "capital surplus" instead of the better terms, additional paid-in capital or capital in excess of par valueStep by Step Solution
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