Unilever Group reports the following equity informatio
Question and Solution
Unilever Group reports the following equity information for the years ended December 31, 2015 and 2014 (euros in milli
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Unilever Group reports the following equity information for the years ended December 31, 2015 and 2014 (euros in millions). 1. Match each of the three account titles-Share capital, Share premium, and Retained profit-with the usual account title applied under U.S. GAAP from the following options: ___________ a. Paid-in capital in excess of par value, common stock ___________ b. Retained earnings ___________ c. Common stock, par value 2. Prepare Unilever's journal entry, using its account titles, to record the issuance of capital stock assuming that its entire par value stock was issued on December 31, 2014, for cash. 3. What were Unilever's 2015 dividends assuming that only dividends and income impacted retained profit for 2015 and that its 2015 income totaled â‚¬5,259?
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