Question
Listed here are the stockholders equity sections of three public companies for fiscal years ending in 2017 and 2016. (Note that for General Mills these
Listed here are the stockholders equity sections of three public companies for fiscal years ending in 2017 and 2016. (Note that for General Mills these data are for the fiscal years ended on May 27, 2018, and May 28, 2017.)
2017 | 2016 | |
---|---|---|
The Wendy's Company (in thousands) | ||
Stockholders' equity | ||
Common stock, ? par value per share, authorized: 1,500,000; 470,424 shares issued | $ 47,042 | $ 47,042 |
Additional paid-in capital | 2,885,955 | 2,878,589 |
Retained earnings | (163,289) | (290,857) |
Accumulated other comprehensive income (loss) | (46,198) | (63,241) |
Treasury stock, at cost: 229,912 in 2017 and 223,850 in 2016 | (2,150,307) | (2,043,797) |
Coca-Cola (in millions) | ||
Stockholders' equity | ||
Common stock, ? par value per share, authorized: 11,200; issued: 7,040 shares in 2017 and 2016 | 1,760 | 1,760 |
Capital surplus | 15,864 | 14,993 |
Reinvested earnings | 60,430 | 65,502 |
Accumulated other comprehensive incorporated (loss) | (10,305) | (11,205) |
Treasury stock, at cost: (2,781 shares in 2017 and 2,752 shares in 2016) | (50,677) | (47,988) |
General Mills (in millions) | ||
Stockholders equity | ||
Common stock, ? par value per share, 754.6 issued in 2018 and 2017 | 75.5 | 75.5 |
Additional paid-in capital | 1,202.5 | 1,120.9 |
Retained earnings | 14,459.6 | 13,138.9 |
Accumulated other comprehensive incorporated (loss) | (2,429.0) | (2,244.5) |
Treasury stock, at cost: 161.5 and 177.7 shares in 2018 and 2017, respectively, at cost | (7,167.5) | (7,762.9) |
Required:
What is the per share par or stated value of the common stock in 2017 for each company?
What was the average issue price of the common stock for each company and year?
How many shares of stock are outstanding for each company at the end of 2017?
What is the average cost per share of the treasury stock for each company in 2017?
State whether the change in retained earnings from 2016 to 2017 was positive or negative for each company?
Can you determine the amount of net income from the information given?
What is the total stockholders equity for each company and year?
Complete this question by entering your answers in the tabs below. State whether the change in retained earnings from 2016 to 2017 was positive or negative for each company? Complete this question by entering your answers in the tabs below. What was the average issue price of the common stock for each company and year? Complete this question by entering your answers in the tabs below. What is the average cost per share of the treasury stock for each company in 2017? Complete this question by entering your answers in the tabs below. What is the total stockholders' equity for each company and year? Complete this question by entering your answers in the tabs below. How many shares of stock are outstanding for each company at the end of 2017 ? Complete this question by entering your answers in the tabs below. Can you determine the amount of net income from the information given? Can you determine the amount of net income from the information given? stion by entering your answers in the tabs below. What is the per share par or stated value of the common stock in 2017 for each companyStep by Step Solution
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