Question
Reconciling Common Stock and Treasury Stock Balances Following is the stockholders' equity section from the The Walt Disney Company balance sheet. Stockholders' Equity($millions) Sep 29,2018.
Reconciling Common Stock and Treasury Stock Balances
Following is the stockholders' equity section from the The Walt Disney Company balance sheet.
Stockholders' Equity($millions) Sep 29,2018. sep. 30,2017
Preferred stock $0 $0
Common stock, $0.01 par value, $36,779 $36,248
Authorized -4,600 shares, Issued
-2,900 shares
retained earnings $82,679 $72606
Accumulated other comprehensive loss. $-3,097 $-3,528
Stockholders' Equity subtotal before $116,361 $105,326
Treasury Stock, Total
Treasury stock, at cost, 1,400 shares $-67,588 $-64,011
Total Disney Shareholders' equity $48,773 $41,315
Noncontrolling interests $4,059 $3,689
Total Equity $52,832. $45,004
- How many shares are issued at September 29,2018?
- How many shares are outstanding at 2018 fiscal year- end?
- Determine the average price at which Disney issued its common stock. (Round your answer to two decimal places.)
- Use the treasury stock account to determine the average price Disney paid when it repurchased its common shares. (Round your answer to two decimal places.)
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