what's the total share issued and total share outstanding? and what's the answer of question 6?
what's the total share issued and total share outstanding? and what's the answer of question 6?
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
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what's the total share issued and total share outstanding? and what's the answer of question 6?
![(6) ssuming that 25% of the treasury shares are sold at €20 per share, the balance in the Treasury Shares account would be €
14. The following items were shown on the statement of financial position of Herman Corporation on December 31, 2020:
Equity
Share Capital-Ordinary, €6 par value, 360,000 shares
authorized;
shares issued and
Share Premium-Ordinary.........
Retained Earnings
Less: Treasury Shares (16,000 shares).
Total Equity.
outstanding €1,650,000
*****
.165,000<
.750,000<
(180,000)*
€2,385,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F446b8627-2b51-48f1-8aa2-a438a2f48a38%2Fe350bd6f-fe50-4fa3-bb95-366d2805950e%2Fzei7xi3_processed.jpeg&w=3840&q=75)
Transcribed Image Text:(6) ssuming that 25% of the treasury shares are sold at €20 per share, the balance in the Treasury Shares account would be €
14. The following items were shown on the statement of financial position of Herman Corporation on December 31, 2020:
Equity
Share Capital-Ordinary, €6 par value, 360,000 shares
authorized;
shares issued and
Share Premium-Ordinary.........
Retained Earnings
Less: Treasury Shares (16,000 shares).
Total Equity.
outstanding €1,650,000
*****
.165,000<
.750,000<
(180,000)*
€2,385,000
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