Question
Huff Daland Dusters, established in 1924, was the first commercial agricultural flying company. If you have ever flown in or out of Atlanta, you have
Huff Daland Dusters, established in 1924, was the first commercial agricultural flying company. If you have ever flown in or out of Atlanta, you have probably flown one of their planes under their subsequent name of Delta Air Lines. Depart with the hyperlink, fly to the 10-K, and arrive at the answers to the following questions.
The ratio formula is located in chapter 11 of the textbook and Power Point. The correct answer to the ratio should include the correct format and two decimal places.Question 5 is extra credit.
link to delta's most current 10-k http://d1lge852tjjqow.cloudfront.net/CIK-0000027904/082dbd71-0d08-4ce4-b155-3f7bb2018395.pdf?noexit=true
1. What is the par/stated value per share of common stock? (2.5 points) 2. How many shares of common stock were outstanding at the end of the current year? (2.5 points) 3. What was the all-time, historical average selling price of common stock as of the end of the current year? (Rounded to the nearest cent.) (5 points) 4. What was the average cost of repurchased stock as of the end of the current year? (Rounded to the nearest cent.) (5 points) 5. What is the Return on Common Stockholders Equity Ratio for the current fiscal year end? (3 points)
Step 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