Need help IBMOn December 31, 2008,corporation had 4,688 million sharesof common stock authorized. Therewere 2,097 million shares issued,and 758 million shares held astreasury stock. How many shareswere issued and outstanding? Howmany shares were unissued? Showyour complete solution.

We are given the following information about IBM Corporation as of December 31, 2008:Authorized…

Answered: IBM On December 31, 2008, corporation…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 5MCQ

See similar textbooks

Similar questions

On December 31, 2008, IBM corporation had 4,688 million shares of common stock authorized. There were 2,097 million shares issued, and 758 million shares held as treasury stock. How many shares were issued and outstanding? How many shares were unissued? Show your complete solution.
Please provide assistance and explanation for scenario provided in the attached image.
The following data is available for Crane Corporation at December 31, 2025: Common stock, par $10 (authorized 31500 shares) $283500 Treasury stock (at cost $15 per share) $1080 Based on the data, how many shares of common stock are issued? O 28278. O 31428. O 31500. O 28350.
solve plz!!?
On January 1, 2016, Wade Corporation had 24,000 shares of common stock outstanding. On April 1, it reacquired 2,400 shares; on July 1, it issued 10,800 shares; on October 1, it issued another 9,600 shares; and on December 1, it reacquired 900 shares. What was the weighted average number of common shares outstanding for 2016?
the question is in the picture attached. please answer asap! thank you
The following data is available for Swifty Corporation at December 31, 2021: Common stock, par $10 (authorized 30700 shares) $241000 Treasury Stock (at cost $15 per share) 900 Based on the data, how many shares of common stock are outstanding?
William Corp, had 600,000 ordinary shares outstanding on January 1, issued 900,000 shares on July 1, and had income applicable to common stock of $1,050,000 for the year ending December 31, 2012. Earnings per share of ordinary shares for 2012 would be Select one a. $117. b$1.75. C. $1.00. D. $0.83
On April 27, 2018, DocuSign, a California company that provides technology to enable digital signatures on important documents, conducted its initial public offering (IPO) of common stock. In the primary market the company's shares were priced at $29 per share, but after one day of trading on the Nasdaq, the share price closed at $39.73. The company sold 21.7 million shares int the offering. a. To what extent (in dollars and on a percentage basis) was DocuSign's stock underpriced in its IPO? b. How much cash (before deducting fees to investment banks) did DocuSign raise? How much more would it have raised if the shares had not been underpriced?
Facebook Inc. (now Meta Platforms Inc.) issued 421.2 million class A common shares for $38 per share, on average, in its IPO on 5/18/2012. The par value of the stock was $0.000006 per share. Assume Facebook kept exactly $16 billion of the proceeds from the issue, with the rest being spent on stock issue costs. Record Facebook's entry for the issue of the shares. NOTE: Round dollar amounts to the nearest thousands of dollars.
PLEASE ANSWER WITHOUT IMAGE
Please help me. Thankyou.

SEE MORE QUESTIONS

Recommended textbooks for you

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

IBM On December 31, 2008, corporation had 4,688 million shares of common stock authorized. There were 2,097 million shares issued, and 758 million shares held as treasury stock. How many shares were issued and outstanding? How many shares were unissued? Show your complete solution.