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THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value $0 Common stock, $5 par value 20,000 Additional paid-in
THE SEVENTIES SHOP | |
Balance Sheet (partial) | |
($ in thousands) | |
---|---|
Stockholders' equity: | |
Preferred stock, $50 par value | $0 |
Common stock, $5 par value | 20,000 |
Additional paid-in capital | 100,000 |
Total paid-in capital | 120,000 |
Retained earnings | 53,000 |
Treasury stock | (3,700) |
Total stockholders' equity | $169,300 |
Based on the stockholders equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands.
6. How much was the dividend per share? (Hint: Dividends are not paid on treasury stock.) (Round your answer to 2 decimal places.)
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