Analyzing and Computing Average Issue Price and Treasury Stock Cost Assume this is the stockholders' equity section from the Campbell Soup Company balance sheet. (a) Campbell Soup Company reports $19 million in its Common Stock account. Which of the following statements best describes the manner in which this number is computed? OThe computation uses the number of outstanding shares multiplied by the par value of the stock. OThe computation uses the number of outstanding shares multiplied by the market price of the stock. OThe computation uses the number of issued shares multiplied by the market value of the stock. OThe computation uses the number of issued shares multiplied by the par value of the stock. (b) At what average price were the Campbell Soup shares issued? (Round your answer to two decimal places.) (c) Reconcile the beginning and ending balances of retained earnings. (Enter any deductions as negative numbers.) (d) Campbell Soup reports an increase in stockholders' equity relating to the exercise of stock options (titled "Treasury stock issued under management incentive and stock option plans"). This transaction involves the purchase of common stock by employees at a preset price. Which of the following statements best describes the nature of this transactions Stock and in the Additional Paid-In Capital. Stock and an increase in Additional Paid-In Capital. increasing Retained Earnings. Stock account only. (e) Which of the following statements best describes the transaction relating to the "Treasury stock purchased" line in the statement of stockholders' equity? Equity. thus reducing Cash and Retained Earnings. (f) Campbell Soup's stock price was $35.85 on August 1, 2008 (the closest trading day to fiscal year-end). Determine the company's market capitalization that day. Enter answers in millions. Round answer to the nearest million. $ million (g) Calculate and interpret the company's market-to-book ratio at August 1, 2008. Round answer to two decimal places. Analyzing and Computing Average Issue Price and Treasury Stock Cost Assume this is the stockholders' equity section from the Campbell Soup Company balance sheet. (a) Campbell Soup Company reports $19 million in its Common Stock account. Which of the following statements best describes the manner in which this number is computed? OThe computation uses the number of outstanding shares multiplied by the par value of the stock. OThe computation uses the number of outstanding shares multiplied by the market price of the stock. OThe computation uses the number of issued shares multiplied by the market value of the stock. OThe computation uses the number of issued shares multiplied by the par value of the stock. (b) At what average price were the Campbell Soup shares issued? (Round your answer to two decimal places.) (c) Reconcile the beginning and ending balances of retained earnings. (Enter any deductions as negative numbers.) (d) Campbell Soup reports an increase in stockholders' equity relating to the exercise of stock options (titled "Treasury stock issued under management incentive and stock option plans"). This transaction involves the purchase of common stock by employees at a preset price. Which of the following statements best describes the nature of this transactions Stock and in the Additional Paid-In Capital. Stock and an increase in Additional Paid-In Capital. increasing Retained Earnings. Stock account only. (e) Which of the following statements best describes the transaction relating to the "Treasury stock purchased" line in the statement of stockholders' equity? Equity. thus reducing Cash and Retained Earnings. (f) Campbell Soup's stock price was $35.85 on August 1, 2008 (the closest trading day to fiscal year-end). Determine the company's market capitalization that day. Enter answers in millions. Round answer to the nearest million. $ million (g) Calculate and interpret the company's market-to-book ratio at August 1, 2008. Round answer to two decimal places