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QUESTION 4 The following is an incomplete statement of shareholders' equity (in millions of dollars) Balance, December 31, 1999 473 Net income 2 Common dividends

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QUESTION 4 The following is an incomplete statement of shareholders' equity (in millions of dollars) Balance, December 31, 1999 473 Net income 2 Common dividends 2 (10) 132 Preferred dividends Issue of common stock Unrealized loss on securities available for sale Foreign currency translation gain (19) 12 Balance, December 31, 2000 7 The firm had no net debt (u pure equity firm) and reported a net profit margin of 12% of sales of $4,096 million in its 2000 income statement. The firm also generated free cash flow of $76 million during 2000, a. Supply the missing numbers in the equity statement b. Reformulate the completed statement of shareholders equily to identity comprehensive income for the common shareholders

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