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Using Stmt Stk Equity Soln for McD

# Using Stmt Stk Equity Soln for McD - 7 What was 2007...

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Class 15: Using Statement of Stockholders’ Equity 1. What was 2007 Net Income? \$2,395,100,000 2. What was the dollar amount of 2007 Dividends? \$1,765,600,000 3. What was 2007 Treasury Stock purchases in shares? In dollars? Shares: 77,100,600 Dollars: \$3,948,800,000 4. What was the average cost of 2007 Treasury Stock purchases? \$3,948,800,000/77,100,000 = \$51.22 5. What was Book Value per share at 12/31/07? \$15,279,800,000/(1,660,600,000 – 495,300,000) = \$13.11 6. What was ROE for 2007? \$2,395,100,000/[(15,458,300,000+15,279,800,000)/2] = 15.56%
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Unformatted text preview: 7. What was 2007 Dividend Payout Ratio? \$1,765,600,000/2,395,100,000 = 73.72% 8. What was the average price of all issued shares sold as of 12/31/07? (\$16,600,000 + \$4,226,700,000)/1,660,600,000 = \$2.55 9. What was dividends per share (calculated from data)? \$1,765,600,000/(1,660,600,000 – 495,300,000) = \$1.52 10. What was the 12/31/07 average cost of all treasury stock purchased? \$16,762,400,000/495,300,000 = \$33,84...
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