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In-class practice Here is the stockholders' equity section of a company's balance sheet: During Year 2, the firm did the following: * January 17: Issued
In-class practice Here is the stockholders' equity section of a company's balance sheet: During Year 2, the firm did the following: * January 17: Issued new common shares to investors for $15 per share. * March 15: Repurchased 1,000 shares of its own stock. * September 12: Reissued 480 of the shares it had repurchased on March 15. * December 18: Declared dividends of $3,000, to be paid in January Year 3. How many shares did the company issue on January 17 ? When the company repurchased its own shares on March 15 , how much it pay per share? When the company reissued its own shares on Sep 12, how much did the company receive per share? What was the firm's net income or loss for Year 2
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