Chapter 11, Problem 11.5EYCT

(a)

To determine

Annual Report: It is a comprehensive financial report that shows all the business activities that takes place throughout the previous financial year. Its purpose is to provide the complete financial information of a company’s financial activities to its users in order to help them analyze and take well informed decisions.

the company’s name.

(b)

To determine

the classes of capital stock that the company has issued.

(c) (1)

To determine

the number of shares authorized, issued and outstanding.

(2)

To determine

the par value

(d)

To determine

the company’s retained earnings.

(e)

To determine

whether the company has acquired treasury stock and its number of shares.