Question
The following items were shown on the balance sheet of Philadelphia Corporation on December 31. 2022: Stockholders' Equity Paid-In Capital Common stock, $5 par value,
The following items were shown on the balance sheet of Philadelphia Corporation on December 31. 2022: Stockholders' Equity Paid-In Capital Common stock, $5 par value, 2,000,000 shares authorized; shares issued and outstanding. In excess of par value. Total paid-in capital........ Retained Earnings. Total paid-in capital and retained earnings. Less: Treasury stock (110,000 shares). Total stockholders' equity..... $1,098,000 2.629.710 3,727,710 824.000 4.551.710 (660,000) $3.891.710 Complete the following statements.
Part A What is the number of authorized shares per the charter?
Part B
What is the number of issued shares?
Part C
What is the number of outstanding shares?
Part D
What was the total dollar amount (not per share) paid by the shareholders when the stock was issued?
Part E
The cost per share of the treasury stock was $ ? ____per share.
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