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how to solve a-e Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2018 Merck
how to solve a-e Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2018 Merck & Co. Inc. balance sheet Stockholders' Equity (5 millions, except par value) 2018 Common stock, 50.50 par value 6,500,000 authorized Shares 3,577.110,522 issued shares $1,789 Other pald-in capital 62,093 Retained earnings 68,126 Accumulated other comprehensive loss (8.872) Stockholders equity before deduction for treasury stock $123,136 Less treasury stock, at cost: 984 543,979 shares 81,486 Total Merck & Co. Inc. stockholders equity $41,650 a. Show the computation of the $1,789 million in the common stock account. 3,577,110,522 shares x $ 0.5 > per share is approximately $ 1,789 million on the balance sheet. b. At what average price were the Merck common shares issued? Note: Round your answers to two decimal places (for example, enter 67.49 for 67.48555) x per share c. At what average cost was the Merck treasury stock purchased? Note: Round your answers to two decimal places (for example, enter 67.49 for 67.48555). * per share $0 d. How many common shares are outstanding as of December 31, 2018? 0 * shares outstanding Type here to search o RI a Show the computation of the $1,789 million in the common stock account 3,577,110,522 shares x 5 0.5 per share is approximately 1,789 million on the balance sheet At what average price were the Merck common shares issued Note: Round your answers to two decimal places (for example, enter 67.49 for 67.48555). * per share c. At what average cost was the Merck treasury stock purchased? Note: Round your answers to two decimal places for example, enter 67.49 for 6748555) 50 Xper share d. How many common shares are outstanding as of December 31, 2018? 0 * shares outstanding e. Assume Merck's closing stock price is 576.41 per share on December 31, 2018 Use that amount to calculate the company's market cap for that day. x million Check Party Man for this 2007 Type here to search o
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