Using the most recent annual report of the company you have chosen to study and that you have accessed online at the company's website, examine the balance sheet and accompanying notes of your company. Answer the following questions:
1. What percentage of total liabilities and stockholders' equity is stockholders' equity? What kinds of stock does the company have?
2. Is retained earnings a significant component of stockholders' equity?
3. Does the company have treasury stock? What effect does it have on total stockholders' equity?
4. Business application- Compute return on equity for your company.