Question
Paltel Company started its operations in Palestine in 1997, as a public shareholding company, by providing services to the Palestinian end user. Its variety of
Paltel Company started its operations in Palestine in 1997, as a public shareholding company, by providing services to the Palestinian end user. Its variety of services includes local and international fixed-telephony services, internet, data communications, mobile services, and next-generation services. Today, Paltel Group includes the parent company (Paltel Company) and a number of subsidiaries. The complete annual report of Paltel Group, including the notes to the financial statements, are available on the Groups website. Using the Groups financial information included in its annual report, answer the following questions.
a) List the names of Paltel Companys subsidiaries and the companys percentage of ownership in each subsidiary.
b) What is the par value of Paltel Companys common stock?
c) What percentage of authorized shares was issued by Paltel Company at December 31, 2019?
d) Are there any treasury stock held by Paltel Company at December 31, 2019?
e) How many Paltel Company common shares are outstanding at December 31, 2019?
f) What amounts of cash dividends per share were declared by Paltel Co. in 2018? What was the dollar amount effect of the cash dividends on the companys stockholders equity?
g) What is Paltel Groups rate of return on common stockholders equity for 2019 and 2018?
h) What is Paltel Groups payout ratio for 2018?
i) What is Paltel Groups book value per share for 2019 and 2018?
j) Are there any restrictions on Paltel Groups retained earnings for 2019? If yes, list each type of restriction and its amount.
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