Hello,

Please help with this question regarding the analyzation and computation of issue price, treasury stock, and shares outstanding.

There are five parts to this question and we must show our work.

Thank you

E8-45 Analyzing and computing issue price, treasury stock cost, and Shares Outstanding Following is the stockholders' equity section of the 2012 Caterpillar Inc., balance sheet. Stockholders Equity ($ millions) Common Stock of $1.00 part; Authorized shares: 2,000,000,000; issued shares (2012, 2011, and 2010 - 814,894,624) at paid in amount Treasury stock (2012: 159,846,131; 2011: 167,361,280 shares and 2010: 176,071,910 sharess) at cost Profit employed in the business Accumulated other comprehensive income (loss) Noncontrolling interests Total Stockholders Equity 2012 2011 2010 $ 4,481 $ 4,273 $ 3,888 (10,074) (10,281) (10,397) 29,558 25,219 21,384 (6,433) (6,328) (4,051) 50 46 40 $ 17,582 $ 12,929 $ 10,864 a. How many shares of Caterpillar common stock are outstanding at year-end 2012? b. what does the phrase "at paid-in amount" in the stockholders' equity section mean? c. At what average cost has Caterpillar repurchased its stock at year-end 2012? d. Why would a company such as caterpillar want to repurchase its common stock? e. Explain how CAT's "issued shares" remain constant over the three-year period while the dollar amount of its company st lar amount of its company stock account increases