Question: Problem 2 (10 points) The following data is available for Blaine Corporation at December 31, 2017 Common stock, par $6 (authorized 40,000 shares) Paid-in Capital
Problem 2 (10 points) The following data is available for Blaine Corporation at December 31, 2017 Common stock, par $6 (authorized 40,000 shares) Paid-in Capital In Excess Of Par Retained earnings Treasury Stock (at cost $15 per share) $24,000 220,000 39,000 60,000 (a) How many shares have been issued? (b) At what price were the shares issued? (c) How many shares of its own stock has Blaine bought? (d) How many shares are outstanding? (e) How much is total stockholders' equity
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