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Only parts c and d C. How many shares are in the treasury? d. Could the company split its stock 2 for 1 without getting
Only parts c and d
C. How many shares are in the treasury? d. Could the company split its stock 2 for 1 without getting authorization for additional shares? 9. (Share value) At the end of last year a company had 12 million shares ($2.50 par value) outstanding and total owners' equity of $96 million. Net income in the past year was $25 million, and 11.5 million shares were outstanding on average during the year. a. What is the remaining obligation, if any, of a share- holder who purchased shares from the company at $1.00 per share? b. What is the remaining obligation, if any, of a share- holder who purchased shares from the company at 10.00 per share? Calculate the company's book value per share at ear-end Calculate the company's earnings per share for the yearStep by Step Solution
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