The 2008 annual report for fortune brands the seller of

Assignment Help Accounting Basics
Reference no: EM13609962

The 2008 annual report for Fortune Brands, the seller of Pinnacle golf balls and MasterLock padlocks,disclosed that 750 million shares of common stock have been authorized. At the end of 2007, 235 million shares had been issued and the number of shares in treasury stock was 81 million. During 2008, 1 million common shares were reissued from treasury, and 5 million common shares were purchased for treasury stock.

(a) Determine the number of common shares issued at the end of 2008. (Enter your answer in millions.)

Issued stock

(b) Determine the number of common shares in treasury at the end of 2008. (Enter your answer in millions.)

Treasury stock

(c) Determine the number of common shares outstanding at the end of 2008. (Enter your answer in millions.)

Shares outstanding

Reference no: EM13609962

Questions Cloud

Find the probability of throwing a sum of 11 at least 3 : find the probability of throwing a sum of 11 at least 3 times in 11 throws of a pair of fair
Suppose that drake corporation produced and sold 5000 : suppose that drake corporation produced and sold 5000 laptop computers during 2010. it reported 270000 cash provided by
Determine the angle theta which its velocity vector makes : a particle is launched with a horizontal velocity v0 0.55 ms from the 30 degree position shown and then slides without
A u-shaped tube open to the air on both ends contains : a u-shaped tube open to the air on both ends contains mercury. water is poured into the left arm until the water column
The 2008 annual report for fortune brands the seller of : the 2008 annual report for fortune brands the seller of pinnacle golf balls and masterlock padlocksdisclosed that 750
For a given coefficient of restitution e determine the mass : the sphere of mass m1 travels with an initial velocity v1 directed as shown and strikes the sphere of mass m2. for a
Edor has lots of coal you purchase the rights to mine the : endor has lots of coal. you purchase the rights to mine the far-moon-of-endor from the endorian government for
A 10-cm-diameter pipe widens to 20cm then narrows to 05cm : a 1.0-cm-diameter pipe widens to 2.0cm then narrows to 0.5cm. liquid flows through the first segment at a speed of
The individual assets invested by a partner in a : the individual assets invested by a partner in a partnershipa. revert back to that partner if the partnership

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