Exercise 8-9 (Algo) Common stock balance sheet disclosure LO 1 The balance sheet caption for common.
Exercise 8-9 (Algo) Common stock balance sheet disclosure LO 1 The balance sheet caption for common stock is the following: Common stock, $3 par value, 2,090,000 shares authorized, 1,750,000 shares issued, 910,000 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 $0.26 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 May 16 2022 03:09 PM
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