Question 6 Not complete Marked out of 5.00 P Flag question Analyzing and Computing Average Issue Price and Treasury Stock Cost Following is the stockholders' equity section from the The Coca-Cola Company 2017 balance sheet. (All amounts in millions except par value.) December 31, The Coca-Cola Company Shareowners' Equity 2017 Common stock-$0.25 par value; authorized-11,200 shares; issued 7,040 shares $1,760 Capital surplus 15,864 Reinvested earnings 60 430 Accumulated other comprehensive income (loss) 110,305) Treasury stock, at cost-2.781 shares (50,677) Equity attributable to shareowners of The Coca-Cola Company $17,072 a. Compute the number of shares outstanding. million b. At what average price were the Coca-Cola shares issued? Round answer to two decimal places. $ c. At what average cost were the Coca-Cola treasury stock shares purchased? Round answer to two decimal places. $ d. How should treasury stock be treated in calculating EPS? The number of treasury stock shares is subtracted from the denominator in computing EPS. The number of treasury stock shares is added to the denominator in computing EPS. The treasury stock balance is subtracted from the numerator in computing EPS. The treasury stock balance is added to the numerator in computing EPS. Check