ACC 226
Axia College of University of Phoenix (UoP)
Financial Accounting
Larson, K. D., Wild, J. J., & Chiappetta B. (2005). Fundamental accounting principles (17th ed.)
ACC 226 Solution
Help in ACC 226
BTN 13-1 Refer to Krispy Kreme’s financial statements in Appendix A to answer the following:
1. Has Krispy Kreme issued any preferred stock? If so, what are its features?
2. How many shares of common stock are issued and outstanding at the end of fiscal years 2003 and 2002? How do these numbers compare with the weighted-average common shares outstanding at the end of fiscal years 2003 and 2002?
3. What is the book value of its entire common stock at February 2, 2003?
4. What is the total amount of cash dividends paid to common stockholders for fiscal years 2003 and 2002?
5. Identify and compare basic EPS amounts across years 2003, 2002, and 2001. Identify and comment on any significant changes.
6. Does Krispy Kreme hold any treasury stock as of February 2, 2003? As of February 3, 2002?
7. Does Krispy Kreme report any changes in accounting principles or the occurrence of extraordinary items for fiscal years 2003 or 2002? Are there gains or losses on disposal of a business segment for fiscal years 2003 or 2002?
Click here for the SOLUTION
