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The balance sheet caption for common stock is the following: Common stock, $6 par value, 2,460,000 shares authorized, 1,130,000 shares issued, 1,050,000 shares outstanding Required:
The balance sheet caption for common stock is the following: Common stock, $6 par value, 2,460,000 shares authorized, 1,130,000 shares issued, 1,050,000 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 $0.11 per share. c. What accounts for the difference between issued shares and outstanding shares
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