Question
E8-23A. Super Retail Corporation reported the following information on the financial statements included with its 2010 annual report: (Dollar in thousands) March 31, March 31
E8-23A. Super Retail Corporation reported the following information on the financial statements included with its 2010 annual report:
(Dollar in thousands) March 31, March 31
2010 2009
Common stock par value $0.0005
Authorized: 370,000,000 shares;
Issue and outstanding 74,758,500 shares at 37
March 31, 2010
72,406,500 shares at
March 31, 2009 36
Paid-in capital 396,200 352,633
Retained earnings 143,190 66,272
Were any new shares of common stock issued between 3/31/2009 and 3/31/2010? Explain how you know this.
Did the company report net income for the year ended 3/31/2010? Explain how you know this.
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