A1 - AC101- Accounting Principles II BTN 13-1 Refer to Best...

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AC101- Accounting Principles II BTN 13-1 Refer to Best Buy’s financial statements in Appendix A to answer the following. 1. How many shares of common stock are issued and outstanding at February 26, 2005 and February 28, 2004? How do these numbers compare with the weighted-average common shares outstanding at February 26, 2005 and February 28, 2004? February 28, 2004: Shares outstanding: 324,648,000 Weighted Average shares outstanding: Basic: 323.3 Diluted: 333.9 February 26, 2005: Shares outstanding: 328,342,000 Weighted Average shares outstanding: Basic: 325.9 Diluted: 336.6 In 2005 the weighted average is which is 1 million shares more. In 2004 the weighted average is 323.3 and this is almost 2 million shares less. 2. What is the book value of its entire stock at February 26, 2005? $4,449,000 3. What is the total amount of cash dividends paid to common stockholders for the years ended February 26, 2005 and February 28, 2004? February 26, 2005:
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This note was uploaded on 10/12/2008 for the course AC 102 taught by Professor Min during the Spring '08 term at Mt. Aloysius.

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A1 - AC101- Accounting Principles II BTN 13-1 Refer to Best...

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