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?
What is the shares outstanding?
What was the average stock price of the common shares issued?
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.
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
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