How many shares are issued at September

Assignment Help Accounting Basics
Reference no: EM132773381

Question - Reconciling Common Stock and Treasury Stock Balances

Following is the stockholders' equity section from the The Walt Disney Company balance sheet.

Stockholders' Equity ($millions)

Sep 29, 2018

Sep 30, 2017

Preferred stock

$0 $0

 

Common stock, $0.01 par value,

$36,779

$36,248

Authorized -4,600 shares, Issued -2,900 shares retained earnings

$82,679

$72606

Accumulated other comprehensive loss

$-3,097

$-3,528

Stockholders' Equity subtotal before

$116,361

$105,326

Treasury Stock, Total Treasury stock, at cost, 1,400 shares

$-67,588

$-64,011

Total Disney Shareholders' equity

$48,773

$41,315

Non-controlling interests

$4,059

$3,689

Total Equity

$52,832

$45,004

Required -

1. How many shares are issued at September 29, 2018?

2. How many shares are outstanding at 2018 fiscal year- end?

3. Determine the average price at which Disney issued its common stock.

4. Use the treasury stock account to determine the average price Disney paid when it repurchased its common shares.

Reference no: EM132773381

Questions Cloud

At what price is Chang selling the product at end of August : Chang imports initially sells a product at $100. August 14 markup cancellation of $10. At what price is Chang selling the product at the end of August
Compute net sales for the two months ended August : Assuming that Sales Discounts and Credit Card Discounts are treated as contra-revenues, compute net sales for the two months ended August 31
Compute the cash payback period : Marigold Inc. is contemplating a capital investment of $68000. The cash flows over the project's four years are: Compute the cash payback period
At what amount should Loro Piana identifiable net assets : At what amount should Loro Piana's identifiable net assets and goodwill be reported on LVMH's consolidated financial statements at the end of 2016
How many shares are issued at September : Following is the stockholders' equity section from the The Walt Disney Company balance sheet. How many shares are issued at September 29, 2018
Calculate the Payback Period and Net Present Value : Aussie Ltd has decided to sell a new line of golf clubs. Calculate the Payback Period and Net Present Value followed by your recommendations
What are the journal entries to record the transactions : The patent had an estimated useful life of 10 years. What are the journal entries to record the transactions relative to the patents from 20X1 to 20X9
What carbs are and the benefits of proteins : Please explain what carbs are and the benefits of proteins. Also, give examples of carbs that are really health and explain why. Please be specific
Compare and contrast light microscopy : 1. Put in order correct sequence for an altered protein that is secreted from the cell? Golgi, Rough ER, Plasma Membrane

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd