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The purpose of this assignment is to apply the concepts learned about corporations’ equity in this unit.
All exercises and problems are in the textbook on the pages noted: E17.1 page 17-47, E17.3 page 17-48, E17.13 page 17-51, P17.5 page 17-53, P17.9 page 17-55.
Use MS Excel or Google sheets for your answers in proper accounting statement format, if required. Separate your answers by tabs.
Make sure you do not use a calculator to do this assignment. When using Excel in the real world, formulas are almost always used to do all calculations. This way, you or anyone else reviewing your work, can see how a calculation has been done. It also eliminates the possibility of typos when transferring from a calculator to the spreadsheet. Your instructor (or your supervisor if you were doing this in the real world) can then tell whether your calculations are correct just by looking at the formula that was used to calculate the answer.
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