Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2018 Merck & Co. Inc. balance sheet. 2018 Stockholders' Equity ($ millions, except par value) Common stock, $0.50 par value; 6,500,000 authorized shares; 3,577,095,522 issued shares Other paid-in capital Retained earnings Accumulated other comprehensive loss Stockholders' equity before deduction for treasury stock Less treasury stock, at cost: 984,543,979 shares Total Merck & Co. Inc. stockholders' equity a. Show the computation of the $1,789 million in the common stock account. 0 $1,789 58,212 63,869 (8,318) $115,552 76,394 $39,158 shares x $ 0 per share is approximately $ 0 million on the bala

Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the 2018 Merck & Co. Inc. balance sheet. 2018 Stockholders' Equity ($ millions, except par value) Common stock, $0.50 par value; 6,500,000 authorized shares; 3,577,095,522 issued shares Other paid-in capital Retained earnings Accumulated other comprehensive loss Stockholders' equity before deduction for treasury stock Less treasury stock, at cost: 984,543,979 shares Total Merck & Co. Inc. stockholders' equity a. Show the computation of the $1,789 million in the common stock account. 0 $1,789 58,212 63,869 (8,318) $115,552 76,394 $39,158 shares x $ 0 per share is approximately $ 0 million on the bala

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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