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Required information [The following information applies to the questions displayed below] The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES
Required information [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 Additional paid-in capital Total paid-in capital Retained earnings Treasury stock. Total stockholders' equity $0 18,000 75,600 93,600 51,000 (3,300) $141,300 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands 2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands.). Number of shares 1
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