unit 3 discussion board accounting for non accounting majors

Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

  • Select 2 companies in the same industry (for example, the home improvement industry or the candy industry).
  • Use the Internet to find the companies’ financial statements.
  • From the financial statements, list the different components from the Stockholder’s Equity section.
  • Read the footnotes to the financial statements to see what they disclose about their Stockholder’s Equity section.
    • Which parts do they have in common?
    • Is there anything about their Stockholder’s Equity that is distinctive to the business?
  • Share with the class what you have found.