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found aprt A and half of part B, but struggling woth the other parts. please show steps so i can learn it better, thank you!
found aprt A and half of part B, but struggling woth the other parts. please show steps so i can learn it better, thank you!
The balance sheet caption for common stock is the following Common stock without par value, 4.200,000 shares authorised, 60,000 shares issued, and 650.000 shares outstanding 5 2.200.000 Required: a. Calculate the average price at which the shares were issued b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different c. If a cash dividend of $0.11 per share were declared, calculate the total amount of cash that would be paid to stockholders d. What accounts for the difference between issued shares and outstanding shares? 5 Required A Required Required Required D If these shares had been assigned a stated value of $1 each, show how the caption here would be different $860.000 Common stock at stated value of $1 per share 4.200.000 shares authorized 650.000 and 680 000 shares tanding Additional paid in capital Total paid in capital Step by Step Solution
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