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Solve for Unknowns The Stockholders' Equity category of Nettle Corp. balance sheet appears below. Common stock, $10 par, 11,000 shares issued, 9,200 outstanding $ ?
Solve for Unknowns
The Stockholders' Equity category of Nettle Corp. balance sheet appears below.
Common stock, $10 par, 11,000 shares issued, 9,200 outstanding | $ ? |
Additional paid-in capital | ? |
Total contributed capital | $309,000 |
Retained earnings | 115,000 |
Treasury stock, ? shares at cost | 11,500 |
Total stockholders' equity | $ ? |
Required:
1. Determine the missing values indicated by question marks.
Common stock total par value | $ _________________ | |
Additional paid-in capital | $ _________________ | |
Total stockholders' equity | $ _________________ | |
Number of shares of treasury stock | _________________ | shares |
2. What was the cost per share of the treasury stock? Round your answer to the nearest cent. $ _________________ per share
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