1. Assuming all new shares were issued for cash, what accounts were impacted by the issuance of new shares in 2020?

Account:____ up/down? $___?

2. What average price per share did Outfront pay to repurchase shares in 2020?

   1. What are the financial statement effects on the reissuance of treasury stock in 2020? (Assets = Liabilities + Expenses Sales-Expenses=Profits)

      Assets	Liabilities	Equity	Sales	Expenses	Profit

3. At what average price did they originally repurchase those shares that they reissued in 2020? (no this is not the same as part b)

4. Suppose weighted average shares outstanding was 75,900 for 2020. What is the Basic EPS?

FINAL 2020 - Word O View Grammarly Alina Lerman & Share File Home Insert Design Layout E Outline Ruler E Draft Gridlines Read Print Web Mode Layout Layout Navigation Pane Views Show References Mailings Review One Page Multiple Pages Zoom 100% Page Width Zoom Acrobat Tell me what you want to do... View Side by Side Synchronous Scrolling Switch Macros Properties Reset Window Position Windows Window Macros SharePoint New Arrange Split Window December 09, 2020 - Financial Accounting - FINAL EQUITY - Problem 10 (10 points) The following is the Statement of Shareholders' Equity for Outfront Steakhouse, Inc. for the year ended December 31, 2020. Refer to it in order to answer the following questions (assume dividends refer to common stock dividends as the firm has no preferred stock). Round all prices to two decimal points. Number of Additional Shares Common Paid in Retained Treasury Total Outstanding Stock Capital Earnings Stock Equity Balance, December 31, 2001 76,913 786 220,648 762,414 (42,004) 941,844 Issuance of Common Stock 196 2 15,578 15,580 Repurchase of Treasury Stock (2,691) (81,650) (81,650) Reissuance of Treasury Stock 1,462 (6,767) 36,706 29,939 Dividends (9, 101) (9,101) Net Income 156,364 156,364 Balance, December 31, 2002 75,880 788 229,459 909,677 (86,948) 1,052,976 Page 10 Professor: Alina Lerman Page 12 of 14 2675 words DE A 0 Type here to search D Bi x 6:20 PM 12/2/2020 FINAL 2020 - Word O View Grammarly Alina Lerman & Share File Home Insert Design Layout E Outline Ruler E Draft Gridlines Read Print Web Mode Layout Layout Navigation Pane Views Show References Mailings Review One Page Multiple Pages Zoom 100% Page Width Zoom Acrobat Tell me what you want to do... View Side by Side Synchronous Scrolling Switch Macros Properties Reset Window Position Windows Window Macros SharePoint New Arrange Split Window December 09, 2020 - Financial Accounting - FINAL EQUITY - Problem 10 (10 points) The following is the Statement of Shareholders' Equity for Outfront Steakhouse, Inc. for the year ended December 31, 2020. Refer to it in order to answer the following questions (assume dividends refer to common stock dividends as the firm has no preferred stock). Round all prices to two decimal points. Number of Additional Shares Common Paid in Retained Treasury Total Outstanding Stock Capital Earnings Stock Equity Balance, December 31, 2001 76,913 786 220,648 762,414 (42,004) 941,844 Issuance of Common Stock 196 2 15,578 15,580 Repurchase of Treasury Stock (2,691) (81,650) (81,650) Reissuance of Treasury Stock 1,462 (6,767) 36,706 29,939 Dividends (9, 101) (9,101) Net Income 156,364 156,364 Balance, December 31, 2002 75,880 788 229,459 909,677 (86,948) 1,052,976 Page 10 Professor: Alina Lerman Page 12 of 14 2675 words DE A 0 Type here to search D Bi x 6:20 PM 12/2/2020