Question
Current Attempt in Progress The following items were shown on the balance sheet of Blossom Company on December 31, 2020: Stockholders' Equity Paid-In Capital Capital
Current Attempt in Progress The following items were shown on the balance sheet of Blossom Company on December 31, 2020: Stockholders' Equity Paid-In Capital Capital Stock Common stock, $5 par value, 730,000 shares authorized; shares issued and Additional paid-in capital In excess of par value Total paid in capital outstanding $3,000,000 150,000 3.150,000 Retained Earnings 560,000 Total paid-in capital and retained earnings 3.710,000 Less: Treasury stock (27,000 shares) Total stockholders' equity 270,000 $3,440,000 Complete the following statements. (a) The number of shares of common stock issued was (b) The number of shares of common stock outstanding was shares issued and outstanding $3,000,000 authorized; Additional paid-in capital In excess of par value Total paid in capital 150,000 3,150,000 Retained Earnings 560,000 Total paid-in capital and retained earnings 3,710,000 Less: Treasury stock (27,000 shares) Total stockholders' equity 270,000 $3,440,000 Complete the following statements. (a) The number of shares of common stock issued was (b) The number of shares of common stock outstanding was (c) The total sales price of the common stock when issued was $ (d) How much did the treasury stock cost per share? $ (e) What was the average issue price of the common stock? (Round to 2 decimal places, eg. 5.25) $ Attempts: 0 of 1 used Submit
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