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Problem 15-2 (Part Level Submission) Nash Company had the following stockholders' equity as of January 1, 2017. Common stock, $5 par value, 18,700 shares issued
Problem 15-2 (Part Level Submission) Nash Company had the following stockholders' equity as of January 1, 2017. Common stock, $5 par value, 18,700 shares issued Paid-in capital in excess of par-common stock Retained earnings $93,500 301,000 323,000 $717,500 Total stockholders' equity During 2017, the following transactions occurred. Feb. 1 Nash repurchased 1,830 shares of treasury stock at a price of $19 per share. Mar. 740 shares of treasury stock repurchased above were reissued at $17 per share. Mar. 18 490 shares of treasury stock repurchased above were reissued at $14 per share. Apr. 22 530 shares of treasury stock repurchased above were reissued at $21 per share
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