How to show the companys equity after the issue

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Book value of common stockholders' equity of Dow Chemical, December 31, 2010 (figure in billions). Common Shares ($1.5 par value per share) $2.939; Additioan paid in capital $2.294; retained earnings 17.744; treasury shares at cost (0.247); Other (4.883); Net common equity is $17.847

a. Suppose that Dow Chemical issues 100 million shares at $20 share. Show the company's equity after the issue.

b. Suppose that Dow SUBSEQUENTLY repurchased 50 million shares at $34 a share. Rework part (a) to show the effect of the futher change.

Reference no: EM13328656

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