Corporate Discussion-Delta Available after Monday, April 2, 2018 12:00 AM EDT ??

Question

Corporate Discussion-Delta Available after Monday, April 2, 2018 12:00 AM EDT ??I Group/section restrictions. Huff Daland Dusters, established in 1924, was the first commercial agricultural flying company. If you have ever flown in or out of Atlanta, you have probably flown one of their planes under their subsequent name of Delta Air Lines. Depart with the hyperlink, fly to the 10-K, and arrive at the answers to the following questions. The ratio formula is located in chapter 11 of the textbook and Power Point. The correct answer to the ratio should include the correct format and two decimal places. Question 5 is extra credit 1. What is the par/stated value per share of common stock? (2.5 points) 2. How many shares of common stock were outstanding at the end of the current 3. What was the all-time, historical average selling price of common stock as of the 4. What was the average cost of repurchased stock as of the end of the current year? 5. What is the Return on Common Stockholders' Equity Ratio for the current fiscal year year? (2.5 points) end of the current year? (Rounded to the nearest cent.) (5 points) (Rounded to the nearest cent.) (5 points) end? (3 points) The following instructions are the same for all Corporate Annual Report group discussions GROUP MEMBER INSTRUCTIONS

Explanation / Answer

The following data is for the year ended December 31, 2017.

1. Par / stated value per share of common stock = $0.0001

2.Shares oustanding as at Dec.31,2017 = nil

3.

4.Average cost of repurchased stock = $216 million ((274+158)/2)

Average price per repurchased stock = $21.13 ($158 million / 7,476,181 shares)

5.Return on commpn stockholders' equity = 25% ($3,477 m / $13910)

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