Choose a company as directed by your instructor and answer the following questions. a. Prepare a quick

Question:

Choose a company as directed by your instructor and answer the following questions. 

a. Prepare a quick analysis of the shareholders’ equity accounts by doing the following: 

i. List their beginning and ending amounts.
ii. Calculate the net change for the most recent year in both dollar and percentage terms. 

iii. If any of the accounts changed by more than 10%, explain why. 

b. For each type of share authorized by the company, list the following: 

i. The nature of the issue 

ii. The number of shares (authorized, issued, and outstanding) 

iii. Whether it is par value or no par value 

iv. The market price at the end of the year 

v. Any special features of the issue 

c. What was the company’s market value at the end of the most recent year? Compare this with the company’s book value and discuss why these amounts are different. Be as specific as possible. 

d. Did the company pay dividends in the most recent year? If so, what was the dividend per share and has this amount changed over the past three years? 

e. Did the company declare any stock dividends or have a stock split during the most recent year? If so, describe the nature of the event and the effects on the shareholders’ equity section.

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Understanding Financial Accounting

ISBN: 9781119715474

3rd Canadian Edition

Authors: Christopher D. Burnley

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