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Analyzing and Computing Issue Price and Shares Outstanding Following is the stockholders' equity section from Reliable Storage's 2018 balance sheet. (in thousands, except share data)
Analyzing and Computing Issue Price and Shares Outstanding Following is the stockholders' equity section from Reliable Storage's 2018 balance sheet. (in thousands, except share data) Preferred Shares, $0.01 par value, 100,000,000 shares authorized, December 31, 2018 161,000 shares issued and outstanding Common Shares, $0.15 par value, 650,000,000 shares authorized, 174,130,881 $6,037,500 shares issued and outstanding 26,120 Paid-in capital 8,577,728 Accumulated deficit (866,040) (96,090) $13,679,217 37,875 $13,717,092 Accumulated other comprehensive loss Total Reliable Storage shareholders' equity Noncontrolling interests Total equity a. Show the computation to derive the $26,120 thousand for common stock. 0 shares x $ 0 per share rounded to $ 0 thousand on the balance sheet. b. At what average price has Reliable Storage issued its common stock? $0 c. At what average price has the company issued its preferred shares? $ 0 d. The company reports Accumulated deficit of $(866,040). What would this account be called if the balance was positive rather than negative
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