Does the company have any preferred stock authorized


Problem

This is for Target Corporation's current Annual Report

1. List the total liabilities and the total stockholders' equity for each year presented in your balance sheet (no detailed information, please). Which are greater, liabilities or equity? Comment on how the mix of liabilities and equity relates to your company. For this comment, look at all of the years that are presented in your annual report-there should be at least five years presented in summary form. Are liabilities and/or stockholders' equity growing or shrinking? How has this relationship changed over time?

2. Capital Stock

I. List the types and number of shares of authorized and outstanding common stock for the current year and previous year.

II. Does the company's common stock have a par value? If so, what was it?

III. Does the company have any preferred stock authorized? If so, how many shares were authorized and outstanding?

IV. Does the company have any treasury stock? If so, list the number of shares presented for the current year.

V. List the stock market prices shown in the annual report. This information should cover at least each quarter for the past 2 years (consider creating a table to present the stock price by quarter for two years).

VI. Did the company pay cash dividends during the current year? If so, how much were they?

VII. If the company paid cash dividends, what percentage of net income were the cash dividends? If the company did not pay cash dividends, why do you think it did not?

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Does the company have any preferred stock authorized
Reference No:- TGS03281219

Expected delivery within 24 Hours