Question
1. The stockholders' equity section of the balance sheet for Jumanji Outfitters' at December 31, 2X03 follows Common stock, $2 par, 25,000 shares authorized $
1. The stockholders' equity section of the balance sheet for Jumanji Outfitters' at December 31, 2X03 follows
Common stock, $2 par, 25,000 shares authorized $ 20,000
Additional paid-in capital 10,000
Treasury stock, 1,000 shares at cost 10,000
Retained earnings 80,000
Total stockholders' equity $ ?
A. How many shares of common stock are issued?
B. How many shares of common stock are outstanding?
C. How many shares of common stock will receive dividends if dividends are declared?
D. What is the cost of the treasury stock per share?
E. What is the value of total stockholders equity?
F. What was the average price received when the common stock was initially issued?
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