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The balance sheet caption for common stock is the following: Common stock without par value, 4,500,000 shares authorized, 760,000 shares issued, and 660,000 shares outstanding
The balance sheet caption for common stock is the following: Common stock without par value, 4,500,000 shares authorized, 760,000 shares issued, and 660,000 shares outstanding $ 3,600,000 Required: Calculate the average price at which the shares were issued. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. If a cash dividend of $0.12 per share were declared, calculate the total amount of
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