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Business Accounting Connect Access Card for Fundamental Accounting Principles

The terms that are included in the common stock of a company as – authorized capital, issued and outstanding, shares bought back or treasury stock . The company pays return to its investors in the form of dividends. The earning potential on the shares is calculated. The measure that is used to know the potential is Earnings per share. It can be basic as well as dilutive. Requirement 1 To identify: Classes of stock McDonald’s has issued. Solution: McDonald’s has issued the following classes of stock – • Preferred Stock = 0, authorized capital = 165 million shares • Common Stock = 1660.6 million shares, authorized capital = 3.5 billion shares. This can be seen from the consolidated balance sheet filed by McDonald’s. The extract has been attached as under – Requirement 2 To identify: Par values, number of authorized shares and number of shares issued of the class of stock in requirement 1 Solution: The par values, number of authorized shares and number of shares issued of the class of stock in requirement 1 are as follows – Class of stocks Par Value Number of Authorized Shares Number of issued shares Preferred Stock No par 165 million None Common Stock $ 0.01 3.5 billion 1,660.6 million This can be seen from the consolidated balance sheet filed by McDonald’s. The extract has been attached as under – Requirement 3 To identify: The total amount of cash paid to purchase treasury stock by reviewing statement of cash flows . Solution: The total amount of cash paid to purchase treasury stock by reviewing statement of cash flows = $ 6,099.20 million. This can be identified by reviewing the statement of cash flows. The extract of statement of cash flows has been attached as under – This is an extract of the statement of cash flows. The treasury stock purchases are 6,099.20 million as the extract. All the amounts given are in million. Requirement 4 To identify: The total amount of cash paid as dividends for 2015 by McDonald’s. Solution: The total amount of cash paid as dividends for 2015 by McDonald’s = 3,230.3 million This can be identified by reviewing the statement of cash flows. The extract of statement of cash flows has been attached as under – This is an extract of the statement of cash flows. The total amount of cash dividend are 3,230.30 million as the extract. All the amounts given are in million.

The terms that are included in the common stock of a company as – authorized capital, issued and outstanding, shares bought back or treasury stock . The company pays return to its investors in the form of dividends. The earning potential on the shares is calculated. The measure that is used to know the potential is Earnings per share. It can be basic as well as dilutive. Requirement 1 To identify: Classes of stock McDonald’s has issued. Solution: McDonald’s has issued the following classes of stock – • Preferred Stock = 0, authorized capital = 165 million shares • Common Stock = 1660.6 million shares, authorized capital = 3.5 billion shares. This can be seen from the consolidated balance sheet filed by McDonald’s. The extract has been attached as under – Requirement 2 To identify: Par values, number of authorized shares and number of shares issued of the class of stock in requirement 1 Solution: The par values, number of authorized shares and number of shares issued of the class of stock in requirement 1 are as follows – Class of stocks Par Value Number of Authorized Shares Number of issued shares Preferred Stock No par 165 million None Common Stock $ 0.01 3.5 billion 1,660.6 million This can be seen from the consolidated balance sheet filed by McDonald’s. The extract has been attached as under – Requirement 3 To identify: The total amount of cash paid to purchase treasury stock by reviewing statement of cash flows . Solution: The total amount of cash paid to purchase treasury stock by reviewing statement of cash flows = $ 6,099.20 million. This can be identified by reviewing the statement of cash flows. The extract of statement of cash flows has been attached as under – This is an extract of the statement of cash flows. The treasury stock purchases are 6,099.20 million as the extract. All the amounts given are in million. Requirement 4 To identify: The total amount of cash paid as dividends for 2015 by McDonald’s. Solution: The total amount of cash paid as dividends for 2015 by McDonald’s = 3,230.3 million This can be identified by reviewing the statement of cash flows. The extract of statement of cash flows has been attached as under – This is an extract of the statement of cash flows. The total amount of cash dividend are 3,230.30 million as the extract. All the amounts given are in million.

Connect Access Card for Fundamental Accounting Principles

Connect Access Card for Fundamental Accounting Principles

23rd Edition

ISBN: 9781259693878

Author: John J Wild

Publisher: McGraw-Hill Education

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Chapter 13, Problem 4BTN

Chapter 13, Problem 6BTN

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Chapter 13 Solutions

Connect Access Card for Fundamental Accounting Principles

Ch. 13 - Prob. 1DQ Ch. 13 - Prob. 2DQ Ch. 13 - Prob. 3DQ Ch. 13 - Prob. 4DQ Ch. 13 - Prob. 5DQ Ch. 13 - Prob. 6DQ Ch. 13 - Prob. 7DQ Ch. 13 - Prob. 8DQ Ch. 13 - Prob. 9DQ Ch. 13 - Prob. 10DQ

Ch. 13 - Prob. 11DQ Ch. 13 - Prob. 12DQ Ch. 13 - Prob. 13DQ Ch. 13 - Prob. 14DQ Ch. 13 - Prob. 15DQ Ch. 13 - Prob. 16DQ Ch. 13 - Prob. 17DQ Ch. 13 - Prob. 18DQ Ch. 13 - Prob. 19DQ Ch. 13 - Prob. 1QS Ch. 13 - Prob. 2QS Ch. 13 - Prob. 3QS Ch. 13 - Prob. 4QS Ch. 13 - Prob. 5QS Ch. 13 - Prob. 6QS Ch. 13 - Prob. 7QS Ch. 13 - Prob. 8QS Ch. 13 - Prob. 9QS Ch. 13 - Prob. 10QS Ch. 13 - Prob. 11QS Ch. 13 - Prob. 12QS Ch. 13 - Prob. 13QS Ch. 13 - Prob. 14QS Ch. 13 - Prob. 15QS Ch. 13 - Prob. 16QS Ch. 13 - Prob. 17QS Ch. 13 - Prob. 18QS Ch. 13 - Prob. 19QS Ch. 13 - Prob. 1E Ch. 13 - Prob. 2E Ch. 13 - Prob. 3E Ch. 13 - Prob. 4E Ch. 13 - Prob. 5E Ch. 13 - Prob. 6E Ch. 13 - Prob. 7E Ch. 13 - Prob. 8E Ch. 13 - Prob. 9E Ch. 13 - Prob. 10E Ch. 13 - Prob. 11E Ch. 13 - Prob. 12E Ch. 13 - Prob. 13E Ch. 13 - Prob. 14E Ch. 13 - Prob. 15E Ch. 13 - Prob. 16E Ch. 13 - Prob. 17E Ch. 13 - Prob. 18E Ch. 13 - Problem 13-1A Stockholders’ equity transactions...Ch. 13 - Prob. 2APSA Ch. 13 - Prob. 3APSA Ch. 13 - Prob. 4APSA Ch. 13 - Prob. 5APSA Ch. 13 - Problem 13-1B Stockholders’ equity transactions...Ch. 13 - Prob. 2BPSB Ch. 13 - Prob. 3BPSB Ch. 13 - Prob. 4BPSB Ch. 13 - Prob. 5BPSB Ch. 13 - Prob. 13SP Ch. 13 - Prob. 1GLP Ch. 13 - Prob. 2GLP Ch. 13 - Prob. 1BTN Ch. 13 - Prob. 2BTN Ch. 13 - Prob. 3BTN Ch. 13 - Prob. 4BTN Ch. 13 - Prob. 5BTN Ch. 13 - Prob. 6BTN Ch. 13 - Prob. 7BTN Ch. 13 - BTN 13–8 Review 30 to 69 minutes of financial news...Ch. 13 - Prob. 9BTN

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