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Reconciling Common Stock and Treasury Stock Balances Assume this is the stockholders' equity section from the Abercrombie & Fitch balance sheet. Shareholders' Equity (thousands, except

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Reconciling Common Stock and Treasury Stock Balances Assume this is the stockholders' equity section from the Abercrombie & Fitch balance sheet. Shareholders' Equity (thousands, except par value Class A common stock-$0.01 par value: 150,000 share authorized and 101,900 shares issues at January 28, 2 January 29, 2011, respectively Paid-in capital Retained earnings Accumulated other comprehensive income (loss), net Treasury stock at average cost: 18,141 and 14,999 sha January 28, 2012 andJanuary 29, 2011, respectively Total shareholders' equity Support (a) How many shares are issued at January 28, 2012? thousand (b) How many shares are outstanding at January 28, 2012? Support thousand shares outstanding (c) Determine the average price at which Abercrombie & Fitch issued its common stock. (Round your answer to two decimal places.) $ (d) Use the treasury stock account to determine the average price Abercrombie & Fitch paid when it repurchased its common shares. (Round your answer to two decimal places.) $ Sup! Reconciling Common Stock and Treasury Stock Balances Assume this is the stockholders' equity section from the Abercrombie & Fitch balance sheet. alue amounts) January 28, 2012 January 29, 2011 hares 28, 2012, and $320,470 $290,751 319,451 289,732 2,051,463 1,646,290 net of tax 7,118 (994) shares at ly (760,752) $ 1,618,299 (530,764) $ 1,405,283

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