Question: a. How much additional common stock did Coca-Cola issue during the first quarter of 2016? b. Assume that Coca-Cola issued 400,000 shares during the first


| a. How much additional common stock did Coca-Cola issue during the first quarter of 2016? | ||||||||||||
| b. Assume that Coca-Cola issued 400,000 shares during the first quarter at $45. How should this transaction be recorded (journal entry)? | ||||||||||||
| c. Assume that during the first quarter, Coca-Cola purchased approximately 22 million shares on the open market at an average price of $43.45 per share. | ||||||||||||
| How should this transaction be recorded? | ||||||||||||
Formulating a Statement of Stockholders' Equity from Raw Data Winnebago Industries Inc. reports the following selected information in its 2016 Form 10-K (S thousands) August 29. 2015 . (420,610) 585,941 Accumulated other comprehensive income, August 29, 2015......... 2274) During fiscal year 2016, Winnebago reported the following. 2. Repurchase of stock ....1.157 3. Net income 45.496 4. Cash dividends .. . . 10,891 5. Other comprehensive income (loss 13,249 Required Use this information to prepare the statement of stockholders'equity for Winnebago's fiscal year ended August 27, 2016
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