[The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $0 11,500 18,400 29,900 44,500 (2,000) $72,400 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Number of shares 2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands.)
[The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $0 11,500 18,400 29,900 44,500 (2,000) $72,400 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Number of shares 2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Manaji
![[The following information applies to the questions displayed below.]
The stockholders' equity section of The Seventies Shop is presented here.
THE SEVENTIES SHOP
Balance Sheet (partial)
($ in thousands)
Stockholders' equity:
Preferred stock, $50 par value
Common stock, $5 par value
Additional paid-in capital
Total paid-in capital
Retained earnings
Treasury stock
Total stockholders' equity
$0
11,500
18,400
29,900
44,500
(2,000)
$72,400
Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all
amounts are presented in thousands.
Number of shares
2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F80a47859-b730-4267-92d1-4afd9972fcfb%2F6881c8e0-9c33-4127-b252-ba147eba15d9%2Fwo0kq6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:[The following information applies to the questions displayed below.]
The stockholders' equity section of The Seventies Shop is presented here.
THE SEVENTIES SHOP
Balance Sheet (partial)
($ in thousands)
Stockholders' equity:
Preferred stock, $50 par value
Common stock, $5 par value
Additional paid-in capital
Total paid-in capital
Retained earnings
Treasury stock
Total stockholders' equity
$0
11,500
18,400
29,900
44,500
(2,000)
$72,400
Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all
amounts are presented in thousands.
Number of shares
2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands.)
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