Watson Company has provided the following data about its common stock:• Par value is $1 per share10,000,000 authorized shares●●●4,300,000 shares are outstanding4,700,000 shares are issuedHow many shares of treasury stock are there?Multiple ChoiceO.5,700,000.5,300,000.400,000.

Treasury stock refers to the shares of a company's own stock that it has repurchased from the open…

Answered: Watson Company has provided the…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 5MCQ

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The balance sheet caption for common stock is: Common stock, $10 par value, 7,000,000 shares authorized, 5,700,000 shares issued, and 5,500,000 shares outstanding. a. Calculate the dollar amount that will be presented opposite of this caption. b. Calculate the total amount of a cash dividend of $1.00 per share.c. What accounts for the difference between issued shares and outstanding shares?
Mave company has given the following data about its common stock: Par value is=$1 per share Authorized shares = 10,000,000 Outstanding shares = 4,237,000 Issued shares = 4,630,000 How many shares of treasury stock are there? Find it out.
The company Flextseel provided the following information: Number of issued common shares 900,000 Net income $1,000,000 Number of authorized common shares 1,000,000 Weightrd average number of outstanding common shares, 800,000 Number of treasury shares, 100,000 How much is earnings per share (EPS)? $1.25 $1.43 $1.00 $1.11
5a. The following data has been collected about Keller Company's stockholders' equity accounts: Common stock $10 par value 23,000 sharesauthorized and 11,500 shares issued, 1,300 shares outstanding $115,000 Paid-in capital in excess of par value, common stock 53,000 Retained earnings 28,000 Treasury stock 15,340 Assuming the treasury shares were all purchased at the same price, the number of shares of treasury stock is: Multiple Choice 28,000. 53,000. 23,000. 115,000. 10,200. 5b. Halverstein Company's outstanding stock consists of 11,900 shares of cumulative 5% preferred stock with a $10 par value and 5,100 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & Paid Year 1 $ 0 Year 2 $ 10,200 Year 3 $ 43,000 The amount of dividends paid to preferred and common shareholders in Year…
The following data is available for Crane Corporation at December 31, 2025: Common stock, par $10 (authorized 31500 shares) $283500 Treasury stock (at cost $15 per share) $1080 Based on the data, how many shares of common stock are issued? O 28278. O 31428. O 31500. O 28350.
A corporation has the following account balances: Common Stock. $1 par value, $80000; Paid-in Capital in Excess of Par Value, $2710000. Based on this information, the O average price per share issued is $3.49. O number of shares issued is 80000 O number of shares outstanding is 2790000. O legal capital is $2790000.
Mave company has given the following data about its common stock: Par value =$1 per share Authorized shares = 10,000,000 Outstanding shares = 4,237,000 Issued shares = 4,630,000 How many shares of treasury stock are there?
Trenton Company has provided the following Information: • Net Income, $320,000; • Preferred shares Issued, 6,800; • Weighted average number of shares of common stock Issued, 24,800; . Cash dividends declared and pald on common stock, $38,000; - Market price per share, $44; Weighted average number of treasury shares of common stock, 4,800. What is Trenton's price/earnings ratio? Multiple Choice 2.75 5.23 4.07 3.41
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Question 4- We have those information available to make a calculation. Number of shares: 2.000.000 Nominal value of each share: 1.000 TL Market price declared by the Stock Exchange: 12 TL Stock Exchange declares the price of a 1 lot of shares and 1 lot denotes 1000 TL nominal value of shares. What is the market value of the shares we have?
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Watson Company has provided the following data about its common stock: • Par value is $1 per share . 10,000,000 authorized shares • 4,300,000 shares are outstanding 4,700,000 shares are issued ● How many shares of treasury stock are there?