Accounting HW

profilejackson

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 comment on the results of your ratio analysis. 

     a. Return on stockholder's equity

     b. Earnings per share


 

 

    • 10 years ago
    • 3
    Answer(1)

    Purchase the answer to view it

    blurred-text
    • attachment
      accounting_100414.docx
    Bids(1)