Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

Exercise 61

Important information concerning a company's operating performance can be found in its income statement and statement of financial position (balance sheet).sing the search mechanism of your choice, locate the most recent annual report of Martin Marietta Materials, Inc.nd respond to the following.
Instructions
a.or the most recent day indicated, what were the highest and lowest prices at which the company's common stock sold
b.ind 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.
c.hat is the relationship between the current market price and the amount you have calculated in part b as the average price at which the stock originally sold
d.ind the company's income statement and identify the trend in basic earnings per share, including discontinued operations.id discontinued operations have a significant impact on EPS
e.or 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 Internet sites are time and date sensitive.t is the purpose of these exercises to have you explore the Internet.ou may need to use the Yahoo! search engine www.yahoo.com (or another favorite search engine) to find a company's current web address.