Question
The balance sheet caption for common stock is the following: Common stock, $10 par value, 500,000 shares authorized, 410,500 shares issued, 380,200 shares outstanding
The balance sheet caption for common stock is the following: Common stock, $10 par value, 500,000 shares authorized, 410,500 shares issued, 380,200 shares outstanding Required: a. Calculate the dollar amount that will be presented opposite this caption. b. Calculate the total amount of a cash dividend of $0.52 per share. c. What accounts for the difference between issued shares and outstanding shares? a Balance sheet amount b. Cash dividend Difference between issued shares and outstanding shares $?
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Accounting What The Numbers Mean
Authors: David Marshall
13th Edition
1264126743, 9781264126743
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