Chapter 12, Problem 13E

a.

To determine

Compute the number of shares of common stock outstanding.

b.

To determine

Compute the amount of cash dividends paid in total.

c.

To determine

Compute the number of shares owned by the stockholder, if the stockholder owns 100 shares of stock, and indicate if the stockholder would be better off, if the market value is $40, after the given transactions.