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Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2 0 1 8 Merck &
Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding
Following is the stockholders' equity section of the Merck & Co Inc. balance sheet.
a Show the computation of the $ million in the common stock account.
shares $ per share is approximately to $
b At what average price were the Merck common shares issued?
Note: Round your answers to two decimal places for example, enter for
$
per share
c At what average cost was the Merck treasury stock purchased?
Note: Round your answers to two decimal places for example, enter for
$
per share
d How many common shares are outstanding as of December
e Assume Merck's closing stock price is $ per share on December Use that amount to calculate the company's market cap for that day.
million
million on the balance sheet.
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