The following data was reported by ABC Company Authorized shares: 50,000 Issued shares: 35,000 Treasury shares: 7,500 How many shares are outstanding?
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The following data was reported by ABC Company
- Authorized shares: 50,000
- Issued shares: 35,000
- Treasury shares: 7,500
How many shares are outstanding?
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- Brewer, Inc. had the following data related to its common shares: Shares outstanding at 1/130,000 2 for 1 stock split at 3/31 Stock issuance at 6/30 1,000 What is the weighted average number of shares Brewer, Inc. should use to calculate its basic earnings per share for the year? 62,000 shares 61,000 shares 60,500 shares 31,000 sharesThe 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.The following data was reported by Saturday Corporation: Authorized shares: 30,000 Issued shares: 25,000 Treasury shares: 5,000 How many shares are outstanding?
- K Michael Corporation has the following information as of December 31 of the current year: Common Stock, $1 par value (authorized 16,261 shares) Treasury Stock (2,300 shares at cost) Common Stock Outstanding (2,600 shares) Based on the information above, how many shares of common stock are issued? A. 2,300 OB. 2,600 C. 4,900 D. 16,261 $15,000Using the following information about Peggy Inc, calculate equity value. Share price Authorized shares Issued shares Shares held in treasury Weighted average shares outstanding 16.33 234,600.0 174,980.0 45,620.0 134,520.0The balance sheet caption for common stock is the following: Common stock, $2 par value, 2,070,000 shares authorized, 1,310, 000 shares issued, 1,050,000 shares outstanding $? Required: a. Calculate the dollar amount that will be presented opposite this caption. b. Calculate the total amount of a cash dividend of $0.27 per share. c. What accounts for the difference between issued shares and outstanding shares? a. Amount b. Cash dividend c. Difference between issued shares and outstanding shares
- What is the equation for the weighted average shares of common stock outstanding? (NIE 9) (Beginning Shares 0.5)(Ending Shares 0,5) Ending Shares number of times the shares changed during the year 12 (Beginning Shares Ending Shares) / 2 None of these are correct .Flagler Corporation shows a total of $1,295,000 in its Common Stock account and $1,400,000 in its Paid-in Capital Excess account. The par value of Flagler's common stock is $7. How many shares of 4 Flagler stock have been issued? Multiple Choice 185,000 200,000 385,000 The number of shares cannot be determined using the information provided.8) The following information is available for ABC Corporation: January 1, 2021 Shares outstanding 4,000,000 April 1, 2021 Shares issued 640,000 October 1, 2021 Treasury shares purchased 240,000 December 1, 2021 Shares issued in a 100% stock dividend 4,400,000 The number of shares to be used in computing earnings per common share for 2021 is?
- 6.The following data was reported by Saturday Corporation: Authorized shares: 30,000 Issued shares: 25,000 Treasury shares: 5,000 How many shares are outstanding?Sheffield Corp., a private corporation, received its articles of incorporation on January 3, 2021 It is authorized to issue an unlimited number of common shares and $1 preferred shares. It had the following share transactions during the year: Jan. 12 Issued 50,000 common shares for $5 per share. 24 Issued 950 common shares in payment of a $4,450 bill for legal services. July 11 Issued 1.000 preferred shares for $25 per share. Oct. 1 Issued 10,000 common shares in exchange for land. The land's fair value was estimated to be $54,800. Sheffield's accountant estimated that the fair value of the shares issued might be as high as Só per share. Journalize the share transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record…[The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) (Sand shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained 5,800 28,000 1,028,600 1,062,400 286,000 (360,000) 988,400 rnings Treasury stock, 12,000 common shares Total stockholders' equity Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4A Part 5 5. What was the average cost per share of the treasury stock acquired? Average cost per share