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Saved The balance sheet caption for common stock is the following: Common stock without par value,...


Saved The balance sheet caption for common stock is the following: Common stock without par value, 4,100,000 shares authorize
Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value
Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value
Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value
Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value
Saved The balance sheet caption for common stock is the following: Common stock without par value, 4,100,000 shares authorized, 770,000 shares issued, and 740,000 shares outstanding $ 4,000,000 Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each show how the caption here would be different c. If a cash dividend of $0.18 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? Required A Required B Required Required D Calculate the average price at which the shares were issued. (Round your answer to 2 decimal places.) Average issue price per share Required A Required B > 5 Score answer
Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each show how the caption here would be different c. If a cash dividend of $0.18 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? Required Required B Required Required D Calculate the average price at which the shares were issued. (Round your answer to 2 decimal places.) Average issue price per share Required A Required B >
Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each show how the caption here would be different c. If a cash dividend of $0.18 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? Required A Required B Required c Required D If these shares had been assigned a stated value of $1 each, show how the caption here would be different Common stock at stated value of $1 per share, 4,100,000 shares authorized, 770,000 issued and 740,000 shares outstanding Additional paid in capital Total paid in capital < Required A Required C>
Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each show how the caption here would be different. c. If a cash dividend of $0.18 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? Required A Required B Required Required D If a cash dividend of $0.18 per share were declared, calculate the total amount of cash that would be paid to stockholders. Total cash dividend < Required B Required D >
Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different c. If a cash dividend of $0.18 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? Required A Required B Required Required D What accounts for the difference between issued shares and outstanding shares? Difference between issued shares and outstanding shares < Required C Require
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· Requirements asked

A

Average issue price per share

$5.19

$4000000/770000 shares issued

B

Common Stock at stated value (770000 issued x $ 1)

$770,000

Additional paid in capital ($4000000 - 770000)

$3,230,000

Total Paid in Capital

$4,000,000

C

Total Cash dividend (740000 shares outstanding x  $ 0.18)

$133,200

D

Difference between issued shares & outstanding shares

Treasury Shares (30000 shares)

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