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Exercise 15-10 Your answer is partially correct. Try again. For a recent 2-year period, the balance sheet of Pina Company showed the following stockholders' equity
Exercise 15-10 Your answer is partially correct. Try again. For a recent 2-year period, the balance sheet of Pina Company showed the following stockholders' equity data at December 31 (in millions). 2017 2016 $ 821 645 Additional paid-in capital Common stock Retained earnings Treasury stock Total stockholders' equity $ 960 651 7,160 1,755 $7,016 5,310 1,073 $5,703 Common stock shares issued 217 215 Common stock shares authorized 500 500 Treasury stock shares 39 29 (a) Answer the following questions, (1) What is the par value of the common stock? (Round par value to 2 decimal places, e.g. $3.15.) Par value of common stock (2) What is the cost per share of treasury stock at December 31, 2017, and at December 31, 20167 December 31, 2017 December 31, 2016 Pina Company Balance Sheet (in millions of dollars) (Partial) Stockholders' Equity Paid-in Capital Paid-in Capital in Excess of Par - Preferred Stock Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings Less Treasury Stock Total Stockholders' Equity Click if you would like to Show Work for this question: Qen Show Work
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