Reference no: EM132487287

1. The stockholders' equity section of the balance sheet for Normal Outfitters' at December 31, 2019 follows:

Common stock, $4 par, 25,000 shares authorized              $ 88,000

Additional paid-in capital                                               176,000

Treasury stock, 1,400 shares at cost                                28,000

Retained earnings                                                        105,000

Total stockholders' equity                                                  $ ?

Question A. How many shares of common stock are issued?

Question B. How many shares of common stock are outstanding?

Question C. How many shares of common stock will receive dividends if dividends are declared?

Question D. What is the cost of the treasury stock per share?

Question E. What is the value of total stockholders' equity?

Question F. What was the average price received when the common stock was initially issued?