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What was the avg cost per share of the treasury stock acquired ? Required information The following information applies to the questions displayed below) The
What was the avg cost per share of the treasury stock acquired ?
Required information The following information applies to the questions displayed below) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value 5,900 Common stock, si par value 29,000 Additional paid-in capital 1,095, 200 Total paid-in capital 1, 130, 100 Retained earnings 287,000 Treasury stock, 10,000 common shares (310,000) Total stockholders' equity $1,107,100 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. 5. What was the average cost per share of the treasury stock acquired? Average cost per share Step by Step Solution
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