Answering the following question using this financial statement: https://www.sec.gov/Archives/edgar/data/80424/000008042415000070/fy141510-kreport.htm Review the consolidated balance sheets and...
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Accounting
Answering the following question using this financial statement: https://www.sec.gov/Archives/edgar/data/80424/000008042415000070/fy141510-kreport.htm
Review the consolidated balance sheets and the related disclosures and respond to the following questions.
Equity:
Explain why the amount reported for Treasury Stock as of June 30, 2015, is subtracted for stockholders equity.
The company is authorized to issue 200,000,000 shares of Non-Voting Class B preferred stock. As of June 30, 2015, what is the outstanding amount received from the issuance of the Non-Voting Class B preferred stock?
The company has issued Convertible Class A preferred stock. Was any of the Convertible Class A stock converted during the fiscal year ended June 30, 2015? If so, what was it converted into?
Explain why the balance in Common Stock, stated value $1 per share is so small in relation to the balance in the Additional paid-in capital account.
What percentage of the companys total assets was financed through retained earnings as of June 30, 2015?
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