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You have now learned about the following financial statements issued by corporations: statement of financial position (balance sheet), income statement, statement of retained earnings, statement
You have now learned about the following financial statements issued by corporations: statement of financial position (balance sheet), income statement, statement of retained earnings, statement of stockholders' equity, statement of comprehensive income, and statement of cash flows. Listed are various items frequently of interest to a corporation's owners, potential investors, and creditors, among others. You are to specify which of the given corporate financial statements, if any, reports the desired information. If the listed item is not reported in any formal financial statement issued by a corporation, indicate an appropriate source for the desired information. a. Number of shares of stock outstandiing as of year-end. b. Total dollar amount of cash dividends declared during the current year. c. Market value per share at balance sheet date. d. Cumulative dollar effect of an accounting error made in a previous year. e. Detailed disclosure of why the number of shares of stock outstanding at the end of the current year is greater than the number of shares of stock outstanding at the end of the prior year. f. Earnings per share of common stock g. Book value per share. h. Price-earnings (p/e) ratio. i. The total amount the corporation paid to buy back shares of its own stock, which it now holds. j. Change in the fair market value of available-for-sale investments
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