Question

The following information is from the equity section of the comparative balance sheets of Veridian Dynamic, Inc.:


Requirements
1. What was the average issue price per share of the 500,000 shares classified as “issued” at June 30, 2010? (Round the answer to the nearest cent.)
2. What was the average issue price of the 180,000 shares of common stock issued during the fiscal year ended June 30, 2010?
3. How many shares were outstanding at June 30, 2010? How many shares were outstanding at June 30, 2009?
4. How many shares did the company buy back during the year? What was the average cost of a share of the treasury shares purchased during the year? (Assume no treasury stock was sold during the year.)
5. If no dividends were declared and paid, what was net income for the year ended June 30,2010?


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  • CreatedSeptember 01, 2014
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