Listed here are the stockholders’ equity sections of three public companies for years ending in 2014 and 2013.
Required
a. Divide the class in three sections and divide each section into groups of three to five students.
Assign each section one of the companies.
Group Tasks
Based on the company assigned to your group, answer the following questions:
b. What is the per-share par or stated value of the common stock in 2014?
c. What was the average issue price of the common stock for each year?
d. How many shares of stock are outstanding at the end of each year?
e. What is the average cost per share of the treasury stock for 2014?
f. Do the data suggest that your company was profitable in 2014?
g. Can you determine the amount of net income from the information given? What is missing?
h. What is the total stockholders’ equity of your company for each year?
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