In a recent year, the stockholders' equit) section of Aluminum Company of America (Alcoa) showed the following
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In a recent year, the stockholders' equit) section of Aluminum Company of America (Alcoa) showed the following (in alphabetical order): additional paid-in capital $6.101. common stock $925, preferred stock $56, retained earnings $7,428, and treasury stock $2.82
(a) Prepare the stockholders' equity section, including disclosure of all relevant data.
(b) Compute the book value per share of common stock, assuming there are no preferred dividends in arrears. (Round to two decimals.)
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Related Book For
Financial Accounting Text Only
ISBN: 9780006575405
5th Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
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