Based on the following information How many shares of stock are outstanding at December 31, 2022? I
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Question:
Based on the following information How many shares of stock are outstanding at December 31, 2022?
I am looking for validation as my answer was -952 (Common stock 1,760 - 2,712 Treasury stock)
Income Statement:
Average Shares Outstanding Basic | 4,328 | 4,315 | |
Effect of dilutive securities | 22 | 25 | |
Average Shares Outstanding Diluted | 4,350 | 4,340 |
Balance Sheet:
Share Holders Equity | 2022 | 2021 |
Common stock, $0.25par value; authorized11,200shares; issued7,040shares | 1,760 | 1,760 |
Capital surplus | 18,822 | 18,116 |
Reinvested earnings | 71,019 | 69,094 |
Accumulated other comprehensive income (loss) | -14,895 | -14,330 |
Treasury stock, at cost 2,712 and 2,715 shares, respectively | -52,601 | -51,641 |
Equity Attributable to Shareowners of The Coca-Cola Company | 24,105 | 22,999 |
Equity attributable to noncontrolling interests | 1,721 | 1,861 |
Total Equity | 25,826 | 24,860 |
Related Book For
Fundamental Financial Accounting Concepts
ISBN: 978-0078025907
9th edition
Authors: Thomas Edmonds, Christopher Edmonds
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