Question: 8-48. Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the December 31, 2018. Caterpillar Inc.

8-48. Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the December 31, 2018. Caterpillar Inc. balance sheet. LO1, 2 CATERPILLAR INC. (CAT) a. How many shares of Caterpillar common stock are outstanding at year-end 2018? b. What does the phrase "at paid-in amount" in the common stock account mean? c. At what average cost has Caterpillar repurchased its stock as of year-end 2018 ? d. Why would a company such as Caterpillar want to repurchase its common stock? c. What is meant by "Profit employed in the business"? The account balance was $26.301 million at the start of the year and the company reported net income of $6.147 million for the year. What amount did the company record as dividends in 2018

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Fowlkes et al. (1988) reported results of a survey of employees of a large national corporation to determine how satisfaction depends on race, gender, age, and regional location. The data are at the...

Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2018 Merck & Co. Inc. balance sheet. Stockholders' Equity ($...

Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholder's' equity section of the 2018 Merck \& Co. Inc. balance sheet. a. Show the computation of...

Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2018 Merck & Co. Inc. balance sheet. Stockholders' Equity ($...

Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders equity section of the 2015 Caterpillar Inc. balance sheet. Stockholders Equity ($...

Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders equity section of the 2018 Merck & Co. Inc. balance sheet. Stockholders Equity ($...

Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the Merck & Co., Inc., balance sheet. Merck & Co., Inc. Stockholders'...

easiest way to solve A-E please HW Module 7 & mybusinesscourse.com/platform/mod/quia/attempt.php?attempt=1835861&cmid=267416&page=1&scrollpos=1361,199951171 Business Course Return to course Analyzing...

Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders equity section of the 2 0 1 8 Merck & Co . Inc. balance sheet. Stockholders Equity ( $...

how to solve a-e Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2018 Merck & Co. Inc. balance sheet...

PLEASE ANSWER A B C D & E E8-48. Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the December 31, 2018, Caterpillar...

As a contrast, prepare a thorough budget for the total revenue/cost as per the Management Accounting subject you are now studying and for which you are completing this assignment. This can include a...

Seif Oil Corporation leased 4,000 unexplored acres, paying a lease bonus of $125/acre. Delay rentals are specified at a rate of S4.50/acre. The leans aires specified that Seif could abandon the lease...

The Definite Integral Question Use the rules for definite integration and the formulas to the right to evaluate the integral 2 0 ( 9 x 2 + x - 8 ) d x

Suppose that a certain college dass contains 62 students. Of these, 30 are freshmen, 38 are chernistry majors, and 5 are neither. A student is selected at random from the dass. (a) What is the...

There are 7 streets to be named after 7 tree types. Ash, Birch, Elm, Maple, Oak, Pine, and Spruce. A city planner randomly selects the street names from the list of 7 tree types. Compute the...

1. Express each of the following in summation notation (i.e. they should look like the questions in question (2) below). (1 mark each) (a) Xi + X2 + X3+ X4 (b) xy + X2y2 + X3y3 + X4y4 (c) " + (d)...

Name: Acrylic acid is produced by the catalytic partial oxidation of propylene in the presence of steam at elevated temperature and ambient pressure. In the simplified process, propylene, air (a...

6.1 The octahedron is one of the five Platonic solids. It has eight faces of triangles and six vertices: (0, 0, 1) (-1, 0, 0), (0, -1, 0), (1, 0, 0), (0, 1, 0) (0, 0, -1) Implement an octahedron...

From TEXT Rights of Past and Future Persons From Part 2 : The Conceptual ( irounds for Fulure Rights According to the lext, what is a critical aspect of asserting that a person has a certain right? -...

Based upon your knowledge of health and safety matters and your actual observations of operations that are similar to theirs, make a list of the potential hazardous conditions employees and others...

What are some of the issues and caveats the employer and its supervisors should follow when dealing with a visit from the Occupational Safety and Health Administration?

If you were asked to put together a list of items that supervisors should keep in mind with respect to supervising safety and health at work, what would you include on your list?