Question
1. Calculate the value of common stock, class A at par value for 2012? (Enter your answer in thousands.) 2. Calculate the number of shares
1. Calculate the value of common stock, class A at par value for 2012? (Enter your answer in thousands.)
2. Calculate the number of shares of class A of common stock outstanding in 2011 and in 2012?
3. Calculate the value of retained earnings for 2011? (Enter your answer in thousands.)
4. At the end of 2012, have the treasury stock transactions increased corporate resources or decreased corporate resources? By how much? (Enter the amount as positive value. Enter your answer in thousands.)
5. By how much did the treasury stock transactions, that occurred during 2012, increased (decreased) stockholders equity during 2012 compared to 2011? (Enter the amount as positive value. Enter your answer in thousands.)
6. What is the average cost per share of the treasury stock held as of the end of 2012? (Round your answer to 2 decimal places.)
The stockholders' equity section on the balance sheet of Dillard's, a popular department store, is shown below. The company reported a net income of $241,245,000 and declared and paid dividends of $11,902,000 in 2012. Stockholders' Equity (in thousands): 2012 2011 Common stock, Class A-116,570,308 and 116,495,495 shares issued; and? shares outstanding 1,165 Common stock, Class B (convertible)-4,190,929 shares issued and outstanding Additional paid-in capital Retained earnings Less treasury stock, at cost, Class A-47,166,748 42 777,055 2,447,727 42 797,987 and 45,300,148 shares (948,021)(932,560 )
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