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Use the stockholders' equity section of Sysco Corporation's balance sheet (below) to answer the questions that follow. Shareholders equity 2020 2019 Preferred stock, par value
Use the stockholders' equity section of Sysco Corporation's balance sheet (below) to answer the questions that follow. | |||
Shareholders equity | 2020 | 2019 | |
Preferred stock, par value $1 per share Authorized 1,500 shares, issued none | |||
Common stock, par value $1 per share Authorized 2,000,000 shares, issued 765,174 shares | $765,175 | $765,175 | |
Additional Paid-in capital | $1,506,901 | $1,457,419 | |
Retained earnings | $10,563,008 | $11,229,679 | |
Accumulated other comprehensive loss | ($1,710,881) | ($1,599,729) | |
Treasury stock at cost, 256,915 and 252,297 shares | ($9,965,590) | ($9,349,941) | |
Total shareholders equity | $1,158,613 | $2,502,603 | |
1 | How many shares of common stock are outstanding at the end of 2020? | ||
2 | Using 2020 amounts, what was the average price at which Sysco's stock was originally issued? | ||
3 | What was the average cost, per share, of treasury stock acquired during 2020? | ||
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