Question: How do I solve : How much was the dividend per share? ( Hint : Dividends are not paid on treasury stock. Using the information
|
How do I solve :
THE SEVENTIES SHOP Balance Sheet (partial) | |||
| ($ in thousands) | |||
| Stockholders' equity: | |||
| Preferred stock, $50 par value | $ | - | |
| Common stock, $5 par value | 11,000 | ||
| Additional paid-in capital | 15,400 | ||
| Total paid-in capital | 26,400 | ||
| Retained earnings | 44,000 | ||
| Treasury stock | (1,900) | ||
| Total stockholders' equity | $ | 68,500 | |
|
| |||
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
