Calculate the par value of each share

Assignment Help Finance Basics

Reference no: EM1340418

In 2008, Pfizer had 12,000 million shares of common stock authorized, 8,863 million in issue, and 6,746 million outstanding (figures rounded to the nearest million). Its equity account was as follows:

Common stock $443

Additional paid-in capital 70,283

Retained earnings 44,148

Treasury shares (57,391)

a.) What was the par value of each share?

b.) What was the average price at which shares were sold?

c.) How many shares had been repurchased?

d.) What was the average price at which the shares were repurchased?

e.) What was the net book value of Pfizer's common equity?

Reference no: EM1340418

Questions Cloud

Explain litte''s law and measurement techniques : Explain Litte's Law and Measurement Techniques and Process Throughput Time and Define a process and basic process measures such as cycle time and utilization

Explain environmental laws vs economic freedom : Explain Environmental Laws vs Economic Freedom and What is your perspective regarding environmental restrictions and economic freedom

Solve the problem on wacc : Finding the WACC: Given the following information for Huntington Power Co., find the WACC. Assume the company's tax rate is 35 percent.

Explain affordable care act and sales : Explain Affordable Care Act and Sales and Marketing in Health Care and Describe your plan to manage the "disruptive change" the author describes.

Calculate the par value of each share : In 2008, Pfizer had 12,000 million shares of common stock authorized, 8,863 million in issue, and 6,746 million outstanding. Calculate the par value of each share.

Explain negotiations and the zone of possible agreement : Explain Negotiations and the Zone of Possible Agreement and Describe this process and illustrate how the Zone of Possible Agreement could help you negotiate.

Explain compensation and equal pay act : Explain Compensation and Equal Pay Act and Demway admitted those duties were on par with Sentry's duties.

Calculate an abnormal return : Explain how these estimates would be used to calculate an abnormal return.

Explain how digital networks are transforming : Explain how Digital Networks are Transforming

User Account

All Pages