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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. December 31, 2018 $4,025,000 (in
Analyzing and Computing Issue Price and Shares Outstanding Following is the stockholders' equity section from Reliable Storage's 2018 balance sheet. December 31, 2018 $4,025,000 (in thousands, except share data) Preferred Shares, $0.01 par value, 100,000,000 shares authorized, 161,000 shares issued and outstanding Common Shares, $0.10 par value, 650,000,000 shares authorized, 174,130,881 shares issued and outstanding Paid-in capital Accumulated deficit Accumulated other comprehensive loss Total Reliable Storage shareholders' equity Noncontrolling interests Total equity 17,413 5,718,485 (577,360) (64,060) $9,119,478 25,250 $9,144,728 a. Show the computation to derive the $17,413 thousand for common stock. 0 shares x $ 0 per share rounded down 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 $(577,360). What would this account be called if the balance was positive rather than negative
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