ACC 304 Endless Education /uophelp.com ACC 304 Endless Education /uophelp.com | Page 21

Common stock:
Par value per share
$ 10
Shares issued
100,000
Dividends paid per share
$ 2.00
Market price per share
$ 47
Additional paid-in capital
$ 480,000
Unappropriated retained earnings( after closing)
$ 250,000
Retained earnings appropriated for contingencies
$ 280,000
Common treasury stock:
Number of shares
9,000
Total cost
$ 240,000
Net income
$ 610,000
Compute( assume no changes in balances during the past year):( Round per share and ratios to 2 decimal places, e. g. $ 15.75 or 15.75 %.)
( a)
Total amount of stockholders ' equity in the balance
sheet
$
( b)
Earnings per share of common stock
$
per share
( c)
Book value per share of common stock
$
per share