Question: please answer all parts (a-e) Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2018

Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2018 Merck \& Co. Inc. balance sheet. a. Show the computation of the 51,789 million in the common stock account. shares 3 per share rounded down to f million on the balance sheet: b. At what average price were the Merck common shares issued? Note: Round your answers to two decimal places (for example, enter 67.49 for 67.48555 ). pershare c. At what average cost was the Merck treasury stock purchased? Note: Round your answers to two decimal piaces (for example, enter 67.49 for 67.48555 ). per share d. How many common shares are outstanding as of December 31,2018 ? shares outstanding E. Assume Mercks closing stock pnce is $76.41 per share on December 31, 2018. Use that amount to calculate the company's market cap for that day million
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
