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Analyzing and Computing Average Issue Price and Treasury Stock Cost Following is the stockholders' equity section from the The Coca-Cola Company 2014 balance sheet. (All
Analyzing and Computing Average Issue Price and Treasury Stock Cost Following is the stockholders' equity section from the The Coca-Cola Company 2014 balance sheet. (All amounts in millions except par value.) a. Compute the number of shares outstanding. million b. At what average price were the Coca-Cola shares issued? Round answer to two decimal places. \$ c. At what average cost were the Coca-Cola treasury stock shares purchased? Round answer to two decimal places. d. How should treasury stock be treated in calculating EPS? The number of treasury stock shares is subtracted from the denominator in computing EPS. The number of treasury stock shares is added to the denominator in computing EPS. The treasury stock balance is subtracted from the numerator in computing EPS. The treasury stock balance is added to the numerator in computing EPS
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