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I can not figure out dividends i have tried 100, -100, ,472, 327,-327,427, -427 $- Analyzing and Computing Average Issue Price and Treasury Stock Cost
I can not figure out dividends i have tried 100, -100, ,472, 327,-327,427, -427
$- Analyzing and Computing Average Issue Price and Treasury Stock Cost Following is the stockholders' equity section from the Campbell Soup Company balance sheet. Shareholders' Equity (millions, except per share amounts) August 1, 2010 August 2, 2009 Preferred stock: authorized 40 shares; non issued $ -- Capital stock, 50.0375 par value; authorized 560 shares, issued 542 shares 20 20 Additional paid-in capital 341 332 Earnings retained in the business 8,760 8,288 Capital stock in treasury, at cost (7,459) (7,194) Accumulated other comprehensive loss (736) (718) Total Campbell Soup Company shareowners' equity 926 728 Noncontrolling interest Total equity $ 929 $ 731 Campbell Soup Company also reports the following statement of stockholders' equity. Capital Stock Accumulated Earnings Other Total Issued in treasury A dditional Retained in Comprehensive Noncontrolling share-owners Shares Amount Shares Amount Paid-in Capital the Business Income (Loss) Interest Equity 542 $20 (199) $ (7,194) $ 332 $8,288 $(718) $ 731 844 844 39 (Millions, except per share amounts) Balance at August 2, 2009 Comprehensive income (loss) Net earnings Foreign currency translation adjustments, net of tax Cash-flow hedges, net of tax Pension and postretirement benefits, net of tax Other comprehensive (loss) Total comprehensive income (loss) Dividends ($0.88 per share) Treasury stock purchased Treasury stock issued under managementincentive and stock options plan Balance at August 1, 2010 2 (59) (59) (18) 826 (372) (14) (472) 207 (206) 5 (7,459) (372) (472) 216 $ 929 542 $20 $ 341 $ 8,760 5 (736) (c) Reconcile the beginning and ending balances of retained earnings. (Enter any deductions as negative numbers.) ($ millions) Retained earnings, August 2, 2009 $ 8,288 Net earnings 844 Dividends (327) Miscellaneous 0 Retained earnings, August 1, 2010 $ 8,760Step by Step Solution
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