Question
Using the following Shareholders equity to answer the following questions. in $ amount 31-DEC-20 Stockholders' Equity: Common Stock; 150,000 shares issued $ 37,500 Additional Paid-in
Using the following Shareholders equity to answer the following questions.
in $ amount | 31-DEC-20 |
---|---|
Stockholders' Equity: | |
Common Stock; 150,000 shares issued | $ 37,500 |
Additional Paid-in Capital | $ 7,312,500 |
Treasury Stock; 12,400 shares | $ (446,400) |
Retained Earnings | $ 985,400 |
What is the par value of the common stock? Use the following format: 1.23 (no dollar signs).
What is the shares outstanding? Use the following numeric format: 123456 (no commas, no dollar signs, no decimals).
What was the average stock price of the common shares issued? Use the following format 12345. No dollar signs, no commas, no decimals (round to the nearest dollar)
What were the dividends issued by the company? Assume that beginning Retained Earnings is 0 and the net income for the year was $1,045,000. Use the following format 12345. No dollar signs, no commas, no decimals. (round to the nearest dollar).
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