Discuss what was the cost per share of the treasury stock

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Reference no: EM131797314

The Stockholders' Equity category of Zache Company's balance sheet appears below.

Common stock, $10 par, 14,200 shares issued, 9,200 outstanding

$ ?

Additional paid-in capital

?

Total contributed capital

$365,000

Retained earnings

82,000

Treasury stock, ? shares at cost

10,500

Total stockholders' equity

$ ?

Required:

1. Determine the missing values indicated by question marks.

Common stock total par value             $____________

Additional paid-in capital                      $____________

Total stockholders' equity                    $____________

Number of shares of treasury stock      ____________ shares

2. What was the cost per share of the treasury stock? Round your answer to the nearest cent.

$____________ per share

Reference no: EM131797314

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