Please if you are writing the answers on a paper and you scan it after I would really appreciate it if the handwriting is clear enough to read, also pleas answer all question thank you
The accomparying notes are an wiegral port of the consolidated financial whatemeits. FFS 122 WestJet is a Canadian company with clear focus on its employees and customers. Reference the financial statements in Appendix II, particularly the link to the notes, referring to Note 11 and 12 . Below are selected sections presented for your review: 11. Share capital (a) Authorized Unlimited number of common voting shares The common voting shares may be owned and controlled only by Conadians and shall confer the right to one vote per common voting share at all meetings of shareholders of the Corporation. Ha common voting share becomes beneficially owned or controlled by a person who is not a Canocian, such common voting shere shall be converted into one variable voting share automaticaly and without any further act of the Corporation or the holder. (b) lssued and outstanding Common and variable voting shares: AE December 31. 2017, the number of common voting shares outstanding was 76,918,114(December 31, 2016 - 93,972,416) and the number of variable voting shares was 37,134,775 (December 31,201623,228,023 ). (h) Employee share purchase plan The Corporation has an employee share purchase plan (ESPP? whereby the Corporation matches the controutions made by employees. Under the terms of the ESPP, employees mey, dependent on their employment agreemert, coctroute up to s maximum of 10%,15% or 20 of their gross salary to acquire voting shares of the Corporation at the current far markar value. The contributions are matched by the Corporation and are required to be heid within the ESPP for as period of ore yes Employees may offer to sell Espp shares, which have not been held for at least one year, to the Corporation, at a purchure pree equal to 50% of the weighted averege trading pice of the Corporation's voting shares for the five trading coys immedietely preceding the employee's notice to the Corporation, to a maximum of four times per yeer. 12. Dividends During the yeer ended December 31. 2017, the Corporation's Board of Directors declared quarterly Cash didends of 30 i4 ser common voting share and varlable voting share. For the year ended December 31. 2017, the Corporation peid dividends fotaling $64.886(2016$66.967) Required Using the information provided above, answer the following questions. 1. Identify the total dollar value of dividends declared and paid by West Jet Corporation in fiscal 2017 and 2016. 2. How many common shares are authorized? 3. What is the difference between Westet common shares and variable voting shares? 4. How many variable voting shares did Westlet have outstanding at the end of 2017 , and how many common shares outstanding at the end of 2017. 5. What are dividends? Be sure to include as part of your answer the effect of dividends on equity. 6. How many shares can employees purchase? 7. Why might Westuet offer the shares for employees? 8. On January 1, 2017 Tina owns 1,000 shares that she has accumulated through the employee share purchase plan. Identify WestJet's quarterly dividend rate in their financial statement note 12 and calculate her total dividends received for fiscal 2017 , assuming she has not accumulated any further shares over the year. The accomparying notes are an wiegral port of the consolidated financial whatemeits. FFS 122 WestJet is a Canadian company with clear focus on its employees and customers. Reference the financial statements in Appendix II, particularly the link to the notes, referring to Note 11 and 12 . Below are selected sections presented for your review: 11. Share capital (a) Authorized Unlimited number of common voting shares The common voting shares may be owned and controlled only by Conadians and shall confer the right to one vote per common voting share at all meetings of shareholders of the Corporation. Ha common voting share becomes beneficially owned or controlled by a person who is not a Canocian, such common voting shere shall be converted into one variable voting share automaticaly and without any further act of the Corporation or the holder. (b) lssued and outstanding Common and variable voting shares: AE December 31. 2017, the number of common voting shares outstanding was 76,918,114(December 31, 2016 - 93,972,416) and the number of variable voting shares was 37,134,775 (December 31,201623,228,023 ). (h) Employee share purchase plan The Corporation has an employee share purchase plan (ESPP? whereby the Corporation matches the controutions made by employees. Under the terms of the ESPP, employees mey, dependent on their employment agreemert, coctroute up to s maximum of 10%,15% or 20 of their gross salary to acquire voting shares of the Corporation at the current far markar value. The contributions are matched by the Corporation and are required to be heid within the ESPP for as period of ore yes Employees may offer to sell Espp shares, which have not been held for at least one year, to the Corporation, at a purchure pree equal to 50% of the weighted averege trading pice of the Corporation's voting shares for the five trading coys immedietely preceding the employee's notice to the Corporation, to a maximum of four times per yeer. 12. Dividends During the yeer ended December 31. 2017, the Corporation's Board of Directors declared quarterly Cash didends of 30 i4 ser common voting share and varlable voting share. For the year ended December 31. 2017, the Corporation peid dividends fotaling $64.886(2016$66.967) Required Using the information provided above, answer the following questions. 1. Identify the total dollar value of dividends declared and paid by West Jet Corporation in fiscal 2017 and 2016. 2. How many common shares are authorized? 3. What is the difference between Westet common shares and variable voting shares? 4. How many variable voting shares did Westlet have outstanding at the end of 2017 , and how many common shares outstanding at the end of 2017. 5. What are dividends? Be sure to include as part of your answer the effect of dividends on equity. 6. How many shares can employees purchase? 7. Why might Westuet offer the shares for employees? 8. On January 1, 2017 Tina owns 1,000 shares that she has accumulated through the employee share purchase plan. Identify WestJet's quarterly dividend rate in their financial statement note 12 and calculate her total dividends received for fiscal 2017 , assuming she has not accumulated any further shares over the year
