Using the financial data given for Reitman's (Canada), calculate the following Some answers DO NOT require calculations. But you must calculate the correct amount for RETAINED EARNINGS (do NOT record the given amount of retained earnings for your answer) REITMANS (CANADA) LIMITED Selected Financial Data January 28, 2006 (in thousands) Class A non-voting (preferred) shares, unlimited authorized, 56,747 issued VCommon shares, unlimited authorized, 13,440 issued Contributed surplus Dividends Net income VReduction of retained earnings due to reacquisition of Class A non-voting slares above average cost Retained earnings, January 29, 2005 Total shareholders equity, January 29, 2005 $ 16,892 482 2,523 29,345 84,889 1,375 316,191 331,524 a) Value of Preferred Shares: b) Value of Common Shares c) Retained Eamings d) Total shareholders equity, January 28, 2006
Using the financial data given for Reitman's (Canada), calculate the following Some answers DO NOT require calculations. But you must calculate the correct amount for RETAINED EARNINGS (do NOT record the given amount of retained earnings for your answer) REITMANS (CANADA) LIMITED Selected Financial Data January 28, 2006 (in thousands) Class A non-voting (preferred) shares, unlimited authorized, 56,747 issued VCommon shares, unlimited authorized, 13,440 issued Contributed surplus Dividends Net income VReduction of retained earnings due to reacquisition of Class A non-voting slares above average cost Retained earnings, January 29, 2005 Total shareholders equity, January 29, 2005 $ 16,892 482 2,523 29,345 84,889 1,375 316,191 331,524 a) Value of Preferred Shares: b) Value of Common Shares c) Retained Eamings d) Total shareholders equity, January 28, 2006
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Answer question a, b, c, d
Using the financial data given for Reitman's (Canada), calculate the following Some answers DO NOT require
calculations. But you must calculate the correct amount for RETAINED EARNINGS (do NOT record the given
amount of retained earnings for your answer).
REITMANS (CANADA) LIMITED
Selected Financial Data
January 28, 2006
(in thousands)
VClass A non-voting (preferred) shares, unlimited authorized, 56,747 issued
JCommon shares, unlimited authorized, 13,440 issued
Contributed surplus
VDividends
Net income
VReduction of retained carnings due to reacquisition of Class A non-voting shgres
above average cost
Retained earnings, January 29, 2005
Total shareholders' equity, January 29, 2005
$ 16,892
482
2,523
29,345.
84,889
1,375
316,191
331,524
a) Value of Preferred Shares:
b) Value of Common Shares
c) Retained Eamings
d) Total shareholders equity, January 28, 2006
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