Question
Common stock without par value, 3,700,000 shares authorized, 760,000 shares issued, and 700,000 shares outstanding $ 3,700,000 Required: A. Calculate the average price at which
Common stock without par value, 3,700,000 shares authorized, 760,000 shares issued, and 700,000 shares outstanding $ 3,700,000 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 $0.16 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?
Average issue price per share- $
Common stock at stated value of $1 per share; 3,700,000 shares authorized, 760,000 issued and 700,000 shares outstanding not attempted-
Additional paid in capitalnot attempted-
Total paid in capital$0-
If a cash dividend of $0.16 per share were declared, calculate the total amount of cash that would be paid to stockholders. Total cash dividend is - ?
What accounts for the difference between issued shares and outstanding shares? Difference between issued shares and outstanding shares - ?
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