Question
In 2019, Bijoux, Inc. sold 35,000 shares of the 1,500,000 shares of $1 par value common stock it is allowed to sell. The shares sold
In 2019, Bijoux, Inc. sold 35,000 shares of the 1,500,000 shares of $1 par value common stock it is allowed to sell. The shares sold for $8 each. Bijoux bought back 4,000 shares of its stock at a cost of $6 each. Bijoux declared and paid a $0.20 per share dividend to its common shareholders. Bijoux has no preferred stock.
1. The number of shares of common stock authorized is:......shares
2. The number of shares of common stock issued is: .......shares
3. The number of shares of common stock outstanding is: .......shares
4. Total dividends paid for the year ended December 31, 2019 is: .......$
5. Common stock balance as at December 31, 2019 is: .......$
6. Additional paid-in capital balance as at December 31, 2019 is: .......$
7. Treasury stock balance as at December 31, 2019 is:...... $
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