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Examine the notes at the bottom of the balance sheet

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Question 1: Review the stockholders' equity section of the balance sheet. Did your selected corporation have any preferred stock at end of the year? If yes, what is the amount?

Question 2: Compare the company's performance for the two most recent years. What do you see? Draw conclusions. Base your answer on the company's ability to pay current liabilities, ability to sell merchandise and collect receivables, ability to pay long-term debt, profitability, and attractiveness as an investment.

Question 3: Examine the notes at the bottom of the balance sheet. Is your selected corporation authorized to issue preferred stock? If so, how much?

Reference no: EM132887362

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