Question
The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50
The stockholders' equity section of The Seventies Shop is presented here.
THE SEVENTIES SHOP | ||||
Balance Sheet (partial) | ||||
($ in thousands) |
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Stockholders' equity: |
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Preferred stock, $50 par value | $ | 0 |
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Common stock, $5 par value |
| 17,500 |
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Additional paid-in capital |
| 70,000 |
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Total paid-in capital |
| 87,500 |
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Retained earnings |
| 50,500 |
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Treasury stock |
| (3,200 | ) |
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Total stockholders' equity | $ | 134,800 |
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Based on the stockholders equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands.
2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands.)
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