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At December 3 1 , the records of Seacrest Enterprises provided the following selected and incomplete data: Common stock ( par $ 1 ; no
At December the records of Seacrest Enterprises provided the following selected and incomplete data:
Common stock par $; no changes during the current year
Shares authorized,
Shares issued, ; issue price $ per share.
Shares held as treasury stock, shares, cost $ per share.
Net income for the current year, $
Common Stock account, $
Dividends declared and paid during the current year, $ per share.
Retained Earnings balance, beginning of year, $
Required:
Complete the following: Round per share to decimal places.
tablea Shares issuedb Shares outstanding The balance in Additional Paidin Capital would be Earnings per share is Total dividends paid on common stock during the current year is Treasury stock should be reported in the stockholders' equity section of the balance sheet in the amount of
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