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Dividends Paid = 4,134,000 Required information [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented
Dividends Paid = 4,134,000
Required information [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $ 0 16,500 59,400 75,900 49,500 (3,000) $122,400 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. 6. How much was the dividend per share? (Hint. Dividends are not paid on treasury stock.) (Round your answer to 2 decimal places.) Required information [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $ 0 16,500 59,400 75,900 49,500 (3,000) $122,400 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. 6. How much was the dividend per share? (Hint. Dividends are not paid on treasury stock.) (Round your answer to 2 decimal places.)
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