Answer Happy

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 Common stock, $5 par value Additional paid-in capital 15,000 45,000 Total paid-in capital Retained earnings 60,000 48,000 Treasury stock (2,700) Total stockholders' equity $105,300 Based on the stockholders' equity section of The Seventies Shop answer the following questions. Remember that all amounts are presented in thousands Problem 10-4B Part 4 4. If retained earnings at the beginning of the period was $40 million and net income during the year was $10,850.000 how much was paid in dividends for the year? (Enter your answer in dollars not in millions. (i.e.. 5 should be entered as 5,000,000).) Dividends paid
The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: 8 Preferred stock, $50 par value Common stock, $5 par value) 15,000 Additional paid-in capital 45,000 60,000 Total paid-in capital Retained earnings Treasury stock 48,000 (2.700) Total stockholders' equity $105,300 Based on the stockholders equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4B Part 5 5. If the treasury stock was purchase at $18 per share, how many shares were purchased"? (Enter your answer in total number of shares, not in thousands.) Number of shares