Question
Solve for Unknowns The Stockholders' Equity category of Princeville Inc. balance sheet appears below. Common stock, $10 par, 14,600 shares issued, 9,200 outstanding $ ?
Solve for Unknowns The Stockholders' Equity category of Princeville Inc. balance sheet appears below.
Common stock, $10 par, 14,600 shares issued, 9,200 outstanding $ ?
Additional paid-in capital ?
Total contributed capital $347,000
Retained earnings 111,000
Treasury stock, ? shares at cost 9,000
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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