Ch8

q1

The balance sheet caption for common stock is the following Common stock, \$4 par value, 2,e6e, e00 shares authorized, 1,550, e00 shares issued, 980, , 00 shares outstanding Required: a. Calculate the dollar amount that will be presented opposite this caption. b. Calculate the total amount of a cash dividend of $0.20 per share. c. What accounts for the difference between issued shares and outstanding shares