nternet Case 12.7- Analyzing Stockholders' Equity and EPS MUST POST FIRST) Initial Post -As an employee, write an internal memo to your manager addressing the tollowing: Using the Internet, locate the most recent annual report of a company of your choosing and write an initial post by responding to the tollowing Do not research the company listed ine text For the most recent day indicated, what were the highest and lowest prices at which the company's common stock sold? Find the company's balance sheet and determine the following: the number of outstanding shares of common stock and the average price at which those shares were originally sold. What is the relationship between the current market price and the amount you have calculated in part b as the average price at which the stock originaly sold? . . Find the company's income statement and identily the trend in basic earnings per share, including discontinued operations. Did discontinued operations have a significant impact on EPS? number different from the number outstanding in the company's balance sheet? For the most recent year, what is the average number of shares of common stock that was used to compute basic earnings per share? Why is that For your response post, you will be taking on the role of the manager and specific manage memo that has already received a managerial response ployee's memo. Inform the employee as to what d in that memo. Do not respond to a specinic managerial decisions, conclusions, andior judgments can you make from the information provided in that memo. Do not respond Your initial post is due on Thursday and your response is due by 11:59 pm CT on Sunday. nternet Case 12.7- Analyzing Stockholders' Equity and EPS MUST POST FIRST) Initial Post -As an employee, write an internal memo to your manager addressing the tollowing: Using the Internet, locate the most recent annual report of a company of your choosing and write an initial post by responding to the tollowing Do not research the company listed ine text For the most recent day indicated, what were the highest and lowest prices at which the company's common stock sold? Find the company's balance sheet and determine the following: the number of outstanding shares of common stock and the average price at which those shares were originally sold. What is the relationship between the current market price and the amount you have calculated in part b as the average price at which the stock originaly sold? . . Find the company's income statement and identily the trend in basic earnings per share, including discontinued operations. Did discontinued operations have a significant impact on EPS? number different from the number outstanding in the company's balance sheet? For the most recent year, what is the average number of shares of common stock that was used to compute basic earnings per share? Why is that For your response post, you will be taking on the role of the manager and specific manage memo that has already received a managerial response ployee's memo. Inform the employee as to what d in that memo. Do not respond to a specinic managerial decisions, conclusions, andior judgments can you make from the information provided in that memo. Do not respond Your initial post is due on Thursday and your response is due by 11:59 pm CT on Sunday