1.
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.
To state: whether S Corporation had any preferred stock at September 29, 2013.
2.
To State: whether S Corporation is authorized to issue preferred stocks.
3.
To find: the number of common stock S Corporation was outstanding at September 29, 2013.
4.
To state: whether S Corporation paid any dividends during the year ending September 29, 2013.
5.
To Show: the computation of earnings per share by S Corporation of $0.01 for 2013.
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