Question: Acct 4A - Chapter 13 Homework (No DSM) This is the one homework problem for Chapter 13. Go to the Chapter 13 Homework in
Acct 4A - Chapter 13 Homework (No DSM) This is the one homework problem for Chapter 13. Go to the Chapter 13 Homework in Pearson MyLab to enter the answers to the questions in the problem. Questions: Shareholders' Equity Sample Company Partial Balance Sheet as of 12/31/2020 Common Stock, $2 par, 1,000,000 shares authorized, ????? shares issued, ????? shares outstanding Additional Paid-In Capital Retained Earnings less Treasury Stock at cost, 100,000 shares Total Shareholders' Equity 1. How many shares of common stock have been issued? $ 1,000,000 $19,000,000 $20,000,000 ($5,000,000) $35,000,000 2. What was the average issue price for a share of common stock? (Enter as a whole number without the dollar sign) 3. The company declares a dividend of $2,000,000. When the dividends are paid how much will shareholders receive for each share of stock owned? (Enter as a whole number without the dollar sign)
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