The stockholders' equity section on the balance sheet of Dillard's, a popular department store, is shown below. The company reported a net loss of $241,065,000 and declared and paid dividends of $11,898,000 in 2009.

Required:
Complete the following statements and show your computations.
1. Common stock, class A at par value for 2009 was ____________.
2. The number of shares of common stock outstanding was____________ in 2008 and ____________in 2009.
3. Retained earnings for 2008 was ____________.
4. At the end of 2009, have the treasury stock transactions (a) increased corporate resources or (b) decreased resources? ____________By how much? ____________
5. During 2009, the treasury stock transactions increased (decreased) stockholders' equity by____________.
6. How much did the treasury stock cost per share? $____________.

Transcribed Image Text:

Stockholders' Equity (in thousands): 2008 2009 Common stock, Class A-116,560,308 and 116,445,495 shares issued; ? and ? shares outstanding Common stock, Class B (convertible)4,010,929 shares issued and outstanding Additional paid-in capital Retained earnings Less treasury stock, at cost, Class A-47,116,748 and 45,290,148 shares 1,165 40 781,055 2,427,727 40 778,987 (942,001) (924,560)