Question
For a recent 2-year period, the balance sheet of Ivanhoe Company showed the following stockholders equity data at December 31 (in millions). 2020 2019 Additional
For a recent 2-year period, the balance sheet of Ivanhoe Company showed the following stockholders equity data at December 31 (in millions).
2020 | 2019 | |||
---|---|---|---|---|
Additional paid-in capital | $ 940 | $ 842 | ||
Common stock | 663 | 651 | ||
Retained earnings | 7,210 | 5,320 | ||
Treasury stock | 1,634 | 858 | ||
Total stockholders equity | $7,179 | $5,955 | ||
Common stock shares issued | 221 | 217 | ||
Common stock shares authorized | 500 | 500 | ||
Treasury stock shares | 38 | 26 |
(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 | $enter the par value of the common stock rounded to 2 decimal places |
(2) What is the cost per share of treasury stock at December 31, 2020, and at December 31, 2019?
December 31, 2020 | December 31, 2019 | |||
---|---|---|---|---|
Cost per share of Treasury stock | $enter a dollar amount | $enter a dollar amount |
(b) Prepare the stockholders equity section at December 31, 2020. (Enter account name only and do not provide descriptive information.)
Ivanhoe Company Balance Sheet (in millions of dollars) (Partial) | |||
---|---|---|---|
select an opening name for the section Additional Paid-in CapitalCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesPaid-in CapitalProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal Stockholders' Equity | |||
select an opening name for subsection one Additional Paid-in CapitalCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesPaid-in CapitalProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal Stockholders' Equity | |||
enter a balance sheet item | $enter a dollar amount | ||
select a balance sheet item Additional Paid-in CapitalCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesPaid-in CapitalProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal Stockholders' Equity | enter a dollar amount | ||
select a summarizing line for the first part of subsection one Additional Paid-in CapitalCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesPaid-in CapitalProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal Stockholders' Equity | enter a total of the two previous amounts | ||
enter a balance sheet item | enter a dollar amount | ||
select a closing name for subsection one Additional Paid-in CapitalCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesPaid-in CapitalProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal Stockholders' Equity | enter a total amount for subsection one | ||
select between addition and deduction AddLess: enter a balance sheet item | enter a dollar amount | ||
select a closing name for this section Additional Paid-in CapitalCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesPaid-in CapitalProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal Stockholders' Equity | $enter a total amount for the section |
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