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Following is the stockholers' equity section from Altria Group, Inc.'s 2012 balance sheet (December 31 - $ million). a. Show the computation to derive the
Following is the stockholers' equity section from Altria Group, Inc.'s 2012 balance sheet (December 31 - $ million).
a. Show the computation to derive the $935 million for common stock.
b. At what average price has Altria issued its common stock?
c. How many shares of Altria common stock are outstanding as of December 31, 2012?
d. At what average cost has Altria repurchased its treasury stock as of December 31, 2012?
Dece mber31$nilon) Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued) 20112 935 5,688 24,316 (2,040) (25,731] 3,168 2 $ 3,17D Additional paid-in capital Cost of repurchased stock (769,2721,021 shares). Total stockholders' equity attributable to Altria Group, Inc-- Noncontrolling interests. Total stockholdersequityStep by Step Solution
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