Analyzing and Computing Issue Price, Treasury Stock Cost and Shares Outstanding The following is a stockholder equity section from Chipotle Mexican Grill, Inc. balance sheet (in thousands), except per share data.) Shareholder’s Equity December 31, 2014Preferred stock, $0.01 par value. 600,000 shares authorized, no shares issued as o the 12/31/2014 …….. Common stock $0.01 par value 230,000 shared authorized, and 35, 394 shares issued 12/31/2014 354 Additional paid in capital 1,038,932Treasury stock at cost, 4,367 common stock at 12/31/2014 (748,759)Accumulated other comprehensive income (429)Total shareholder’s equity $2,012,369 a. Show the computation to derive the $354 thousand for common stock.b. At what average price has Chipotle issued its common stock?c. How many shares of Chipotle common stack are outstanding as of December 31, 2014?
Analyzing and Computing Issue Price,
The following is a
Shareholder’s Equity December 31, 2014
Preferred stock, $0.01 par value. 600,000 shares authorized,
no shares issued as o the 12/31/2014 ……..
Common stock $0.01 par value 230,000 shared authorized,
and 35, 394 shares issued 12/31/2014 354
Additional paid in capital 1,038,932
Treasury stock at cost, 4,367 common stock at 12/31/2014 (748,759)
Accumulated other comprehensive income (429)
Total shareholder’s equity $2,012,369
a. Show the computation to derive the $354 thousand for common stock.
b. At what average price has Chipotle issued its common stock?
c. How many shares of Chipotle common stack are outstanding as of December 31, 2014?
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