Question

The following information is from the comparative balance sheets of Ameristar Casinos, Inc.:


1. How many shares of common stock were outstanding at December 31, 2008?
2. How many shares of common stock were outstanding at December 31, 2007?
3. What was the average issue price per share of the 58,093,041 shares classified as “issued” at December 31, 2008? (Round the answer to the nearest cent.)
4. The company paid cash dividends of $18,015 (in thousands) during the year ended December 31, 2008. What was the company’s net income or net loss for the year ended December 31,2008?


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  • CreatedSeptember 01, 2014
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