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Boa Stockholdr

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The total stockholder equity for 2008 was $177,052 and in 2009 was $231,444 the biggest difference between these two financial statements was that in 2009 Merrill Lynch was acquiring by Bank of America. The largest component for the stockholders’ equity where Deposits, the company does have preferred stock $45.0 billion, which $30.0billions’ where issued in early 2009 and they have higher preferred stock dividend payments; the dividend rate it depends on the kind of stock but they have the floating amount, %6.375, %6.70, %6.25, %8.625 and %9.00 and their outstanding shares they did not specified how many they were but they did stated they bought all outstanding shares on December 9, 2009. In 2009 they had a warrant to purchase 265 million shares of common stock that were outstanding, and they also had an average option to purchase 315 million shares of common stock. Bank of America did declare a loss of preferred stock dividends of $4,494 thousands in 2009; yes they have repurchased their own shares, and they have experience loss from it, but this is not always the case. The returned on stockholders’ equity is the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested, and the amount was $4.18 million in 2009 the percent was 0.26% and in 2008

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