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JUST THE UNANSWERED QUESTIONS 17 A new company is conducting its first round of capital 100,000,000 raising by issuing Common Stock. It has no other

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JUST THE UNANSWERED QUESTIONS
17 A new company is conducting its first round of capital 100,000,000 raising by issuing Common Stock. It has no other Common Stock Outstanding. 1,000,000 shares are issued at a Market Price of $ 100 per share. What is the total Equity Capital Contributed? 18 The Common Stock issued in #17 is a PAR VALUE 10,000,000 Common Stock because of the requirements of state law. If the PAR VALUE per share is $ 10 what will the Common Stock - Par Value line item in the Equity Section 19 What will be the balance in Common Stock - APIC? 90,000,000 20 One year later the company decides to buy back 200,000 30,000,000 shares at a price of $ 150 per share for cash. What will be the balance shown in the Treasury Stock account (ignore signs)? 21 After the 200,000 shares are repurchased how many 800,000 shares remain "outstanding"? IF 22 After one more year, two years after its capitai raising. the company decides to re-issue 50,000 of the shares it repurchased. If the company reissue them at a price of $200 per share for cash, what will the remaining balance be in Treasury Stock? 23 Regarding transaction # 22, what will be the balance in Common Stock - APIC Treasury Stock? 24 One year later, three years after it raised capital, the company decides to reissue all remaining shares held at Treasury Stock. It is able to sell the remaining 150,000 shares at a price of $ 30 per share. What will be the remaining balance in Treasury Stock after sale? 25 What will be the remaining balance in Common Stock- APIC Treasury Stock after this second reissuance? 26 What account should be used to record the portion of the deficit from this reissuance that exceeds the available APIC-Treasury Stock balance? 27 Company D announces that it has 5,000,000 shares authorized and issued. In its initial public offering 3,000,000 of these shares were offered to the public, This leaves 2,000,000 yet to be offered and so they are not "outstanding. "Three years after the public offering Company D repurchased 1.700,000 shares. The

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