Chapter 10, Problem 1FA

1.

To determine

Identify the balance of Company C’s total shareholder’s equity at December 31, 2014, identify the balance of Company C’s total shareholder’s equity at December 31, 2013, determine whether the amount of ending total of Company C increase or decrease, explain the main reason for the change in Company C’s total shareholder’s equity and identify the largest component of Company C’s total stockholder’s equity.

2.

To determine

Determine whether Company C has any preferred stock authorised, to determine the par value of the preferred stock and also identify the number of shares of preferred stock are issued and outstanding.

3.

To determine

Determine the par value of the common stock, determine whether Company C has any additional paid-in capital and to explain them , identify the number of shares of common stock are authorized and also determine the  number of shares  that are issued and outstanding at the end of  2013 and 2014.

4.

To determine

Identify whether Company C declare dividend during the year 2014, determine the total dividend and the dividend per share, identify whether the amount of dividends per share increased or decreased from 2013 to 2014, determine whether Company C has been repurchasing shares of its common stock, identify whether there is an increase or decrease in the amount of shares if they are repurchased and also determine the effect on total stockholder’s equity.