The balance sheet caption for common stock is the following: Common stock, $10 par value, 500,000...

 

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The balance sheet caption for common stock is the following: Common stock, $10 par value, 500,000 shares authorized, 410,500 shares issued, 380,200 shares outstanding Required: a. Calculate the dollar amount that will be presented opposite this caption. b. Calculate the total amount of a cash dividend of $0.52 per share. c. What accounts for the difference between issued shares and outstanding shares? a Balance sheet amount b. Cash dividend Difference between issued shares and outstanding shares $? The balance sheet caption for common stock is the following: Common stock, $10 par value, 500,000 shares authorized, 410,500 shares issued, 380,200 shares outstanding Required: a. Calculate the dollar amount that will be presented opposite this caption. b. Calculate the total amount of a cash dividend of $0.52 per share. c. What accounts for the difference between issued shares and outstanding shares? a Balance sheet amount b. Cash dividend Difference between issued shares and outstanding shares $?

Answer rating: 100% (QA)

a The dollar amount that will be presented opposite the caption Common stock 10 par value 500000 sha... View the full answer