Question
Shareholders Equity of National Beverage Corp. National Beverage Corp. is an American beverage developer, manufacturer, and distributor based in Fort Lauderdale, Florida, focused on flavored
Shareholders Equity of National Beverage Corp. National Beverage Corp. is an American beverage developer, manufacturer, and distributor based in Fort Lauderdale, Florida, focused on flavored soft drinks such as La Croix. Using the attached excerpts from the companys 2020 Annual Report answer the following questions. Please note: - All numbers, except share data, are presented in $ thousands. - Provide calculations when necessary.
1. Shares Issued and Outstanding
(a) How many shares of common stock were authorized at fiscal year-end 2020? How many had been issued as of fiscal year-end 2020?
(b) National Beverage has repurchased some of its own common shares that had been previously issued (Treasury Stock). How many common shares did National Beverage hold as treasury stock at the end of 2020?
(c) How many total shares were outstanding at fiscal year-end 2020?
NATIONAL BEVERAGE CORP. AND SUBSIDIARIES NATIONAL BEVERAGE CORP. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY CONSOLIDATED STATEMENTS OF INCOME NATIONAL BEVERAGE CORP. CONSOLIDATED STATEMENTS OF CASH FLOWS NATIONAL BEVERAGE CORP. AND SUBSIDIARIES NATIONAL BEVERAGE CORP. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY CONSOLIDATED STATEMENTS OF INCOME NATIONAL BEVERAGE CORP. CONSOLIDATED STATEMENTS OF CASH FLOWSStep by Step Solution
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