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What is the amount of capital in excess of par

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Reference no: EM13496280

The financial statements for a company included the following information:

Common Stock

$1,750,000

Retained Earnings

$950,000

Net Income

$1,250,000

Shares Issues

110,000

Shares Outstanding

90,000

Dividends Declared and Paid

$900,000

The common stock was sold at a price of $30 per share.

Complete the following:

(a)    What is the amount of capital in excess of par?

(b)    What was the amount of retained earnings at the beginning of the year?

(c)    How many shares are in treasury stock?

(d)   Compute earnings per share.

 

Reference no: EM13496280

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