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Accounting: What the Numbers Mean 11th Edition by Wayne McManus,Daniel Viele,David Marshall
Edition 11ISBN: 978-1259535314Accounting: What the Numbers Mean 11th Edition by Wayne McManus,Daniel Viele,David Marshall
Edition 11ISBN: 978-1259535314 Exercise 33
Common stock balance sheet disclosure The balance sheet caption for common stock is the following:
Required:
a. Calculate the dollar amount that will be presented opposite this caption.
b. Calculate the total amount of a cash dividend of $0.30 per share.
c. What accounts for the difference between issued shares and outstanding shares?
Required:
a. Calculate the dollar amount that will be presented opposite this caption.
b. Calculate the total amount of a cash dividend of $0.30 per share.
c. What accounts for the difference between issued shares and outstanding shares?
Explanation
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(a) Calculate the share capital amount r...
Accounting: What the Numbers Mean 11th Edition by Wayne McManus,Daniel Viele,David Marshall
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