Reference no: EM132951590
Question - Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding - The following is the stockholders' equity section from Chipotle Mexican Grill, Inc.'s balance sheet (in thousands, except per share data). Shareholders' Equity December 31, 2014Preferred stock, $0.01 par value, 600,000 shares authorized, no shares issued as of-December 31, 2014Common stock, $0.01 par value, 230,000 shares authorized, and 34,895 shares issued as of December 31, 2014 349 Additional paid-in capital 988,745 Treasury stock, at cost, 4,589 common shares at December 31, 2014 (748,200) Accumulated other comprehensive income (loss) (429) Retained earnings 1,722,271 Total shareholders' equity 1,962,736.
a. Show the computation to derive the $349 thousand for common stock.
b. At what average price has Chipotle issued its common stock?
c. How many shares of Chipotle common stock are outstanding as of December 31, 2014?
d. At what average cost has Chipotle repurchased its treasury stock as of December 31, 2014?
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