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Home / Questions / This is for 3M (recent Annual Report 2016) Find the company’s balance sheet and determi...

This is for 3M (recent Annual Report 2016) Find the company’s balance sheet and determine the following: the number of outstanding shares of common stock and the average price at which those shares

This is for 3M (recent Annual Report 2016)

Find the company’s balance sheet and determine the following: the number of outstanding shares of common stock and the average price at which those shares were originally sold.

(Please include where on the balance sheet you found these-exactly what wording they were under, i.e. Shares outstanding 2016)

Find the company’s income statement and identify the trend in basic earnings per share, including discontinued operations. Did discontinued operations have a significant impact on EPS?

For the most recent year, what is the average number of shares of common stock that was used to compute basic earnings per share? Why is that number different from the number outstanding in the company’s balance sheet?

Here is a link to their annual report: http://s2.q4cdn.com/974527301/files/doc_downloads/2017/Annual/2016_3M_Annual_Report.pdf

Here is a quick link to the balance sheet but I don't think it has all of the information on it: https://finance.yahoo.com/quote/MMM/balance-sheet?p=MMM

Jul 19 2021 View more View Less

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