BBA 2011

1479 Words Jul 20th, 2014 6 Pages
2.0 Task 1
In 2012 Inbox Software had 9,000 million shares of common stock authorized,4,260 million in issue, and 3,847 million outstanding (figure rounded to the nearest million). Its equity account was as follows: Common stock $ 213 Additional paid-in capital 5,416 Retained earnings 10,109 Treasury shares 6,851
Currency translation adjustment and contributions to an employee benefit trust have been deducted from retained earnings. 1.1 What was the par value of each share? = $0.05 per share
What was the average
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25
14) Average total assets = = = 110
Return on total assets = 0.18 = 0.18 = 0.18
Tax = 50 – (0.18 x 110) = 30.2
15) Average Equity = = =33
Return

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