Accounting

  
Company Sony SNE

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For reference you can use SEC 10-k Sony Report at https://www.sony.net/SonyInfo/IR/library/sec.html

Respond to one or more question(s) from each of the categories below. 

3. Discuss Treasury Stock transactions over the past three years and explain its affect on total stockholder’s equity and retained earnings.

Category: Retained Earnings

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1. Use the following equation and show how the Retained Earnings account has changed over the past two years. 
Retained earnings, beginning balance
+ Prior period adjustments
= Retained earnings, adjusted balance   
+ Net Income
– Retirement of Treasury stock 
– Dividends 
= Retained earnings, ending balance

Category: Analysis

1. Calculate The following ratios for the most recent two years and comment on the results of your ratio analysis. How do the results for your company compare to industry averages?
   a. Return on stockholder’s equity: = (net income – preferred dividends)/average stockholder’s equity
   b. Earnings per share (EPS)
   c. Price-earnings (PE) ratio
   d. Payout ratio

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