The following items were shown on the balance sheet of Martin Corporation on December 31, 2014:

Instructions
Complete the following statements and show your computations. (a) The number of shares of common stock issued was___________
(b) The number of shares of common stock outstanding was___________
(c) The total sales price of the common stock when issued was $\$$ -___________
(d) How much did the treasury stock cost per share? $\$$.___________
(e) What was the average issue price of the common stock? $\$$.___________

Question

The following items were shown on the balance sheet of Martin Corporation on December 31, 2014:

Instructions
Complete the following statements and show your computations. (a) The number of shares of common stock issued was___________
(b) The number of shares of common stock outstanding was___________
(c) The total sales price of the common stock when issued was $\$$ -___________
(d) How much did the treasury stock cost per share? $\$$.___________
(e) What was the average issue price of the common stock? $\$$.___________

Quizplus · Accepted Answer

The Answer of The following items were shown on the balance sheet of Martin Corporation on December 31, 2014:

Instructions
Complete the following statements and show your computations. (a) The number of shares of common stock issued was___________
(b) The number of shares of common stock outstanding was___________
(c) The total sales price of the common stock when issued was $\$$ -___________
(d) How much did the treasury stock cost per share? $\$$.___________
(e) What was the average issue price of the common stock? $\$$.___________

The Following Items Were Shown on the Balance Sheet of Martin