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The image below is from Merck's 10K of 2020. Merck issued 1,300,000 shares of its common stock for $73 per share. How much the company
The image below is from Merck's 10K of 2020.
Merck issued 1,300,000 shares of its common stock for $73 per share. How much the company will credit in the Additional Paid-in Capital account?
Merck & Co., Inc. Stockholders' Equity Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2020 and 2019 Other paid-in capital Retained earnings Accumulated other comprehensive loss 1,788 39,588 47,362 (6,634) 82,104 Less treasury stock, at cost: 1,046,877,695 shares in 2020 and 1,038,087,496 shares in 2019 Total Merck & Co., Inc. stockholders' equity Noncontrolling Interests Total equity 56,787 25,317 87 25,404 91,588 $ $Step by Step Solution
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