Homework Answers
| Part-1 |
| No of Common Shares Issued= 3000000/5= 60000 Stock |
| Part-2 |
| No of Common Stock Outsatanding =60000 Stock-20000 Stock= 40000 Stock |
| Part-3 |
| Issue Price of Common stock= (3000000+180000)/60000= $53 |
| Part-4 |
| The treasury Stock cost per shares = 280000/20000=$14 |
| Part-5 |
| Total Paid In Capitla & Rtained Earning = 3180000+500000= $3680000 |
| Part-6: Total Stockholder's Equity = 3680000-280000=$3400000 |
As HOMEWORKLIB only 4 part of 1 Question can be solved However, solution for all the parts for first question are provided.
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