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The following items were shown on the balance sheet of Easton Corporation on December 3 1 , 2 0 2 1 : Stockholders' equity Paid
The following items were shown on the balance sheet of Easton Corporation on December :
Stockholders' equity
Paidin capital
Capital stock
Common stock, $ par value, shares
authorized; shares issued and outstanding......... $
Additional paidin capital
In excess of par................................................................ $
Total paidin capital $
Retained earnings
$
Total paidin capital and retained earnings
$
Less: Treasury stock shares
$
Total stockholders' equi,
$
Instructions
Complete the following statements and show your computations. SHOW YOUR WORK.
a The number of shares of common stock issued was
b The number of shares of common stock outstanding was
c The common stock was issued for a total of $
d The cost per share of the treasury stock was $
e The average issue price of the common stock was $
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