Chapter 8 Homework i Saved Help Save & Exit Submit Check my work The balance sheet caption for common stock is the following: Common stock without par value, 3,900,000 shares authorized, 830,000 shares issued, and 720,000 shares outstanding $ 3,900,000 points eBook Print Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. c. If a cash dividend of $0.15 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? References Required A Required B Required C Required D Calculate the average price at which the shares were issued. (Round your answer to 2 decimal places.) Average issue price per share Required A Required B Common stock without par value, 3,900,000 shares authorized, 830,000 shares issued, and 720,000 shares outstanding $ 3,900,000 points Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. c. If a cash dividend of $0.15 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? eBook Print References Required A Required B Required C Required D If these shares had been assigned a stated value of $1 each, show how the caption here would be different. Common stock at stated value of $1 per share; 7,500,000 shares authorized, 3,000,000 issued and 2,700,000 shares outstanding Additional paid in capital Total paid in capital Check my Common stock without par value, 3,900,000 shares authorized, 830,000 shares issued, and 720,000 shares outstanding $ 3,900,000 points Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. c. If a cash dividend of $0.15 per share were declared, calculate the total amount of cash that would be paid to stockholders d. What accounts for the difference between issued shares and outstanding shares? eBook Print References Required A Required B Required C Required D If a cash dividend of $0.15 per share were declared, calculate the total amount of cash that would be paid to stockholders. Total cash dividend Ch Common stock without par value, 3,900,000 shares authorized, 830,000 shares issued, and 720,000 shares outstanding $ 3,900,000 points Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. c. If a cash dividend of $0.15 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? eBook Print References Required A Required B Required C Required D What accounts for the difference between issued shares and outstanding shares? Difference between issued shares and outstanding shares Required C Required D >
