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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 | $ ?question mark |
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Required:
- Calculate the dollar amount that will be presented opposite this caption.
- Calculate the total amount of a cash dividend of $0.52 per share.
- What accounts for the difference between issued shares and outstanding shares?
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