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How do I solve : How much was the dividend per share? ( Hint : Dividends are not paid on treasury stock. Using the information
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THE SEVENTIES SHOP Balance Sheet (partial) | |||
($ in thousands) | |||
Stockholders' equity: | |||
Preferred stock, $50 par value | $ | - | |
Common stock, $5 par value | 11,000 | ||
Additional paid-in capital | 15,400 | ||
Total paid-in capital | 26,400 | ||
Retained earnings | 44,000 | ||
Treasury stock | (1,900) | ||
Total stockholders' equity | $ | 68,500 | |
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