Analyzing and Computing Average Issue Price and Treasury Stock Cost Following is the stockholders' equity section from the The Coca-Cola Company year-end balance sheet. (All amounts in millions except par value.)

The Coca-Cola Company Shareowners' Equity	December 31
Common stock-$0.25 par value; authorized-11,644 shares; issued-7,276 shares	$1,968
Capital surplus	14,117
Reinvested earnings	63,910
Accumulated other comprehensive income (loss)	(6,221)
Treasury stock, at cost-2,882 shares	(42,727)
Equity attributable to shareowners of The Coca-Cola Company	$31,047

a. Compute the number of shares outstanding. Answer

million

b. At what average price were the Coca-Cola shares issued? Round answer to two decimal places. $Answer

c. At what average cost were the Coca-Cola treasury stock shares purchased? Round answer to two decimal places. $Answer