Financial Accounting for Undergraduates
Financial Accounting for Undergraduates
2nd Edition
ISBN: 9781618530400
Author: FERRIS
Publisher: Cambridge
Question
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Chapter 11, Problem 1EYK

a.

To determine

Ascertain the number common share that the company C is authorized at the end of the 2011.

b.

To determine

Ascertain the percentage of outstanding shares at the end of the year 2011.

c.

To determine

Describe whether company C has any outstanding preferred shares at the end of the 2011 or not.

d.

To determine

Ascertain the number of repurchase shares at the end of the 2011, and identify the dollar amount of the repurchase shares.

e.

To determine

Ascertain the dividend per share of Company C for 2011, 2010 and 2009.

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Define working capital and explain its importance in financial health and liquiditymanagement.2. Assess how the matching concept and accrual basis affect the reporting ofcurrent assets and liabilities.3. Using a hypothetical balance sheet (you may create one), identify at least 5current assets and 5 current liabilities and analyze how changes in theseelements affect liquidity ratios.4. Recommend at least two strategies  to optimizeworking capital.
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Financial Accounting for Undergraduates

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