Required information Problem 10-48 Analyze the stockholders' equity section (L010-7) [The following information applies to the questions displayed below.) The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) is in thousands) Stockholders' equity: Preferred stock, $50 par value $ Common stock, $5 par value 19,500 Additional paid-in capital 93,600 Total paid-in capital 113, 100 Retained earnings 52,500 Treasury stock (3,600) Total stockholders' equity $162,000 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands Problem 10-4B Part 2 2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands.) Number of shares Drew Required information Problem 10-48 Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.) The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) (s in thousands) Stockholders' equity: Preferred stock, $56 par value Common stock, $5 par value 19,500 Additional paid-in capital 93,600 Total paid-in capital 113, 100 Retained earnings 52,500 Treasury stock (3,600) Total stockholders' equity $162,000 0 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4B Part 3 3. Total paid-in capital is $113.10 million. At what average price per share were the common shares issued? Common share issued per share Required information Problem 10-4B Analyze the stockholders' equity section (L010-7) [The following information applies to the questions displayed below.) The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value $ Common stock, $5 par value 19,500 Additional paid-in capital 93,600 Total paid-in capital 113, 100 Retained earnings 52,500 Treasury stock (3,600) Total stockholders' equity $162,080 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands Problem 10-48 Part 4 4. If retained earnings at the beginning of the period was $44 million and net income during the year was $10,720,000, how much was paid in dividends for the year? (Enter your answer in dollars not in millions. (i.e., 5 should be entered as 5,000,000).) Dividends paid Required information Problem 10-48 Analyze the stockholders' equity section (L010-7) [The following information applies to the questions displayed below) The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $58 par value $ Common stock, $5 par value 19,500 Additional paid-in capital 93,600 Total paid-in capital 113, 108 Retained earnings 52,500 Treasury stock (3,600) Total stockholders' equity $162,000 @ Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands Problem 10-48 Part 5 5. If the treasury stock was purchase at $18 per share, how many shares were purchased? (Enter your answer in total number of shares, not in thousands.) Number of shares
