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