1. Data from recent initial public offerings indicates relatively few of the firms involved pay cash dividends. Explain. Why might this be the case? How does a company decide when to start issuing dividends?
2. How much of Delta Airlines stock was outstanding at year end? (support the answer with reference i.e. 10K Annual report)
3. Did Delta Airlines pay any cash dividends during 2016? (support the answer using reference i.e. 10 K Annual report)
4. Using Delta AIrlines 2016 10K Annual Report, computer the basic earnings per share of the company.