Using the following Shareholders equity to answer the following questions. in $ amount 31-DEC-20 Stockholders' Equity: Common
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Question:
Using the following Shareholders equity to answer the following questions.
in $ amount | 31-DEC-20 |
---|---|
Stockholders' Equity: | |
Common Stock; 150,000 shares issued | $ 37,500 |
Additional Paid-in Capital | $ 7,312,500 |
Treasury Stock; 12,400 shares | $ (446,400) |
Retained Earnings | $ 985,400 |
What is the par value of the common stock?
What is the shares outstanding?
What was the average stock price of the common shares issued?
What were the dividends issued by the company? Assume that beginning Retained Earnings is 0 and the net income for the year was $1,045,000.
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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