1. Sample Company is an aerospace manufacturer located in Summerside, PEI. The company's income statements and balance sheets for the fiscal years ended August 31, 2003 and 2004 are attached.
Required:
A. Use the statements provided in a separate Excel file, Sample Company.xls, to determine the following. Be sure to show your work.
a) The total dollar investment in assets made during 2004 and the sources of the funds invested.
b) The amortization expense in 2004 calculated using only the balance sheet.
c) The stated value of the preferred shares sold in 2004.
d) The company's earnings per share (EPS) in 2003 and 2004.
e) The total dividends paid and dividends per share (DPS) in 2003 and 2004.
f) The average amount the company received from the sale of all common shares outstanding in 2003 and those sold in 2004.
g) Retained earnings as of the beginning of the 2003 fiscal year.
h) Sample Company's book value and book value per share at the end of the 2003 and 2004 fiscal years.