Question

crtical Thinking Cases 563 You are aware that, within Flexcom profitability is a main factor in the evaluation of management and has been cited in at least two recent situations as the basis for replacing individuals in leader ship positions Instructions Prepare a brief report to hief report to your supervisor explaining why you are bothered by these trends and offer one or more explanations that may underlie what is actually going on within Flexcom. L012-2 INTERNET CASE 12.7 Analyzing Stockholders important information concerning company onerating performance can be found in its income statement and statement of financial position (balance sheet). Using the search mechanism of your choice, locate the most recent annual report of Martin Marietta Materials, Inc. and respond to the following Equity and EPS Instructions a. For the most recent day indicated, what were the highest and lowest prices at which the com- pany's common stock sold? b. 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.

Answer 1

12.7)

Martia Marietta Materials, Inc. financials questions:

a) The recent days highest and lowest prices at which the company’s common stock sold are :

Highest: $279.64 on Dec 31^st 2019

Lowest: $221.88 on July 25^th 2019

b) Latest Annual Report released by Martia Marietta Materials, Inc. is for Year 2018:

The number of outstanding shares of common stock: 62515000 Common Shares

The average price at which the shares were originally sold/issued: [(624+3396059)*1000]/ 62515000 = 3396683000/62515000= $54.33 per Common Share