Required information Skip to question [The following information applies to the questions displayed...
80.2K
Verified Solution
Question
Accounting
Required information
Skip to question
[The following information applies to the questions displayed below.]
The stockholders equity section of The Seventies Shop is presented here.
THE SEVENTIES SHOP | |
Balance Sheet (partial) | |
($ in thousands) | |
---|---|
Stockholders' equity: | |
Preferred stock, $50 par value | $0 |
Common stock, $5 par value | 19,500 |
Additional paid-in capital | 93,600 |
Total paid-in capital | 113,100 |
Retained earnings | 52,500 |
Treasury stock | (3,600) |
Total stockholders' equity | $162,000 |
Based on the stockholders equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands.
6. How much was the dividend per share? (Hint: Dividends are not paid on treasury stock.) (Round your answer to 2 decimal places.)
Please show me how to get the numbers. Thank you
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.