The balance sheet caption for common stock is the following: Common stock without par value, 3,000,000 shares authorized, 800, 000 shares issued, $3,400,000 and 710,000 shares outstanding Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. c. If a cash dividend of $0.19 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? Calculate the average price at which the shares were issued. Note: Round your answer to 2 decimal places. The balance sheet caption for common stock is the following: Common stock writhout par value, 3,000,000 shares authorized, 800, 000 shares issued, $3,400,000 and 710,000 shares outstanding Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. c. If a cash dividend of $0.19 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? If these shares had been assigned a stated value of $1 each, show how the caption here would be different. The balance sheet caption for common stock is the following: Common stock without par value, 3,000,000 shares authorized, 800,000 shares issued, $3,400,000 and 710,000 shares outstanding Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. c. If a cash dividend of $0.19 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? If a cash dividend of $0.19 per share were declared, calculate the total amount of cash that would be paid to stockholders. The balance sheet caption for common stock is the following: Common stock without par value, 3,000, 000 shares authorized, 800,000 shares issued, $3,400,000 and 710,000 shares outstanding and 710,000 shares outstanding Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. c. If a cash dividend of $0.19 per share were declared, calculate the total amount of cash that would be paid to stockholders, d. What accounts for the difference between issued shares and outstanding shares? What accounts for the difference between issued shares and outstanding shares? Difference between issued shares and outstanding shares