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5. Common stock, $2 par value, 1,000,000 shares issued, 500,000 shares outstanding, 3,000,000 shares authorized. a. Calculate the dollar amount that will be presented opposite
5. | Common stock, $2 par value, 1,000,000 shares issued, 500,000 shares | |||||
outstanding, 3,000,000 shares authorized. | ||||||
a. | Calculate the dollar amount that will be presented opposite this caption | |||||
on the balance sheet. | ||||||
b. | Calculate the total amount of a cash dividend of $0.50 per share. | |||||
c. | Calculate the number of shares of treasury stock. |
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