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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 2018 Merck & Co. Inc. balance sheet.
a. Show the computation of the $1,788 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 67.49 for 67.48555).
$
per share
c. At what average cost was the Merck treasury stock purchased?
Note: Round your answers to two decimal places (for example, enter 67.49 for 67.48555).
$
per share
d. How many common shares are outstanding as of December 31,2018?
e. Assume Merck's closing stock price is $76.41 per share on December 31,2018. Use that amount to calculate the company's market cap for that day.
million
million on the balance sheet.
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