Below are 2005 and 2006 balance sheets of Hasbro, Inc. (numbers are in thousands of dollars): The market value of Hasbro's shares was $27.25 a share at the end of 2006 and $20.18 a share at the end of 2005.
-Refer to the information above. In 2006, the number of shares of Hasbro's stock that was publicly held was

Question

Below are 2005 and 2006 balance sheets of Hasbro, Inc. (numbers are in thousands of dollars):    The market value of Hasbro's shares was $27.25 a share at the end of 2006 and $20.18 a share at the end of 2005.
-Refer to the information above. In 2006, the number of shares of Hasbro's stock that was publicly held was

Quizplus · Accepted Answer

To find the number of publicly held shares, we need to divide the market value of Hasbro's shares by the price per share.

For 2006: 
Market value = $27.25/share 
Publicly held shares = $4,381,370,000 / $27.25/share = 160,620,415

For 2005: 
Market value = $20.18/share 
Publicly held shares = $2,924,308,000 / $20.18/share = 144,875,455

Therefore, the number of publicly held shares in 2006 was 160,620,415.

Below Are 2005 and 2006 Balance Sheets of Hasbro, Inc