SEC 10-K Project:Statement of Stockholders' Equity (Company LEVI)

Respond to one or more question(s) from each of the three categories below.

Category: Capital stock

1.Describe the composition of your corporation's contributed capital [Hint: contributed capital includes common and preferred stock plus any paid in capital in excess of par (or stated value)].

2.Describe any other accounts reported in the Stockholder's Equity section of the Balance Sheet.

3.Discuss Treasury Stock transactions during the current year, if any.

Category: Retained Earnings

1. Use the following equation and show how the Retained Earnings account has changed during the year.[Hint: the beginning balance of Retained Earnings is also equal to the ending balance of Retained Earnings in the prior year.]

Retained earnings, beginning balance

+ Net Income

- Dividends

= Retained earnings, ending balance

[Note: if the Statement of Stockholder's Equity shows other accounts in the computation of Retained Earnings, please ask the professor for guidance]

Category:Analysis

1.Calculate the following ratios for the most current year, and interpret/comment on what those results of your ratio analysis indicate about the financial aspect measured

a. Return on stockholder's equity

b. Earnings per share

LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Short-term debt 17,631 $ 7,621 Accounts payable 375,450 360,324 Accrued salaries, wages and employee benefits 179,081 223,374 Restructuring liabilities 54,723 Accrued income taxes 21,986 24,050 Accrued sales returns and allowances 185,868 171,113 Short-term operating lease liabilities 237,142 Other accrued liabilities 477,001 380,722 Total current liabilities 1,548,882 1,167,204 Long-term debt 1,546,700 1,006,745 Postretirement medical benefits 60,249 64,006 Pension liabilities 168,721 193,214 Long-term employee related benefits 94,654 84,957 Long-term operating lease liabilities 858.293 Other long-term liabilities 64,267 144,735 Total liabilities 4,341,766 2,660,861 Commitments and contingencies Stockholders Equity: Levi Strauss & Co. stockholders' equity Common stock - $0.001 par value; 1,200,000,000 Class A shares authorized; 74,352,481 shares and 53,079,235 shares issued and outstanding as of November 29, 2020 and November 24, 2019, respectively; and 422,000,000 Class B shares authorized, 323,547,674 shares and 340,674,741 shares issued and outstanding, as of November 29, 2020 and November 24, 2019, respectively 398 394 Additional paid-in capital 626,243 657,659 Accumulated other comprehensive loss (441,446) (404,986) Retained earnings 1,114,280 1,310,464 Total Levi Strauss & Co. stockholders' equity 1,299,475 1,563,531 Noncontrolling interest 8,026 Total stockholders' equity 1,299,475 1,571,557 Total liabilities and stockholders' equity $ 5,641,241 1.232,418 The accompanying notes are an integral part of these consolidated financial statements