Corporate Finance Assignment/ Professional Essay Writers
1(a) A firm listed total shareholders’ equity on its balance sheet at $237 million. Preferred shareholders’ equity was $32 million, what is the common shareholders’ equity?
(b) From the following information, calculate the net dividend to shareholders and comprehensive income (in millions):
Common shareholders’ equity, the beginning of period ……….. $1,081
Common share issues ………………………………………….. 230
Common share repurchases …………………………………….. 45
Common dividends …………………………………………….. 36
Common shareholders’ equity, beginning of period ………. $1,292
(c) A firm reported $62 million of comprehensive income in its statement of shareholders’ equity but $87 million as net income in its income statement. What explains the difference? Get FInance Help Today