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Please show a complete step-by-step solution thank you! Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section
Please show a complete step-by-step solution thank you!
Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2018 Merck \& Co. Inc. balance sheet. a. Show the computation of the $1,789 million in the common stock account. shares x/ per share is approximately $ b. At what average price were the Merck common shares issued? Note: Round your answers to two decimal places (for example, enter 67.49 for 67.48555 ). * per share c. At what average cost was the Merck treasury stock purchased? Note: Round your answers to two decimal places (for example, enter 67.49 for 67.48555). $ per share d. How many common shares are outstanding as of December 31,2018 ? e. Assume Merck's closing stock price is $76.41 per share on December 31,2018 . Use that amount to calculate the company's market cap for that day. x million r million on the balance sheet
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