How many shares of common stock are in treasury

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Reference no: EM13498957

Stockholders' Equity:  Show your work 

 

9% Preferred Stock, $100 par, 300,000 cumulative shares authorized 150,000 issued

$ 15,000,000

Common stock, $5 par, 2,000,000 shares authorized, ____?______ issued, 950,000 shares outstanding

     6,000,000

Additional paid in capital

 

     From issuance of common stock

  10,800,000

Total Contributed Capital

31,800,000

Retained Earnings

42,900,000

Less:  Treasury Stock

 (5,000,000)

Total Stockholders' Equity

$69,700,000


How many shares of common stock are issued?

How many shares of common stock are in treasury?

 

Reference no: EM13498957

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