Question: Some Basic Calculations (Easy)
a. A firm listed total shareholders; equity on it balance sheet at $237 million. Preferred shareholders; equity was $32 million. What is the common shareholders equity?
b. From the following information, calculate the net dividend to shareholders and comprehensive income (in millions):
c. A firm reported $62 million of comprehensive income in its statement of shareholders; equity but $87 million as net income in its income statement. What explains the difference?