Chapter 8, Problem 8.34C

To determine

(A)

Concept Introduction:

Shares issued refer to the number of shares that are allocated to the stockholders by way of sale.

It is calculated as:

Number of shares issued * Par value of each share.

Shares Outstanding is the number of shares issued but which are still held with the stockholder and are not reacquired. It is calculated as:

Shares Outstanding = Number of Shares issued - Number of Treasury shares.

Treasury stock- When the firm reacquires its own shares and does not retire them, it is known as treasury stock.

The par value of each share of preferred stock and preferred stock dividend percentage.

To determine

(B)

Concept Introduction:

Shares issued refers to the number of shares that are allocated to the stockholders by way of sale.

It is calculated as:

Number of shares issued * Par value of each share.

Shares Outstanding is the number of shares issued but which are still held with the stockholder and are not reacquired. It is calculated as:

Shares Outstanding = Number of Shares issued - Number of Treasury shares.

Treasury stock - When the firm reacquires its own shares and does not retire them, it is known as treasury stock.

The amount of common stock as at June 30, 2016 Balance Sheet.

To determine

(C)

Concept Introduction:

Shares issued refers to the number of shares that are allocated to the stockholders by way of sale.

It is calculated as:

Number of shares issued * Par value of each share.

Shares Outstanding is the number of shares issued but which are still held with the stockholder and are not reacquired. It is calculated as:

Shares Outstanding = Number of Shares issued - Number of Treasury shares.

Treasury stock - When the firm reacquires its own shares and does not retire them, it is known as treasury stock.

The average issue price of common stock in the balance sheet on June 3, 2016.

To determine

(D)

Concept Introduction:

Shares issued refers to the number of shares that are allocated to the stockholders by way of sale.

It is calculated as:

Number of shares issued * Par value of each share.

Shares Outstanding is the number of shares issued but which are still held with the stockholder and are not reacquired. It is calculated as:

Shares Outstanding = Number of Shares issued - Number of Treasury shares.

Treasury stock - When the firm reacquires its own shares and does not retire them, it is known as treasury stock.

The number of shares of treasury stock held by DeZurik Corp. at June 30, 2016.

To determine

(E)

Concept Introduction:

Shares issued refers to the number of shares that are allocated to the stockholders by way of sale.

It is calculated as:

Number of shares issued * Par value of each share.

Shares Outstanding is the number of shares issued but which are still held with the stockholder and are not reacquired. It is calculated as:

Shares Outstanding = Number of Shares issued - Number of Treasury shares.

Treasury stock - When the firm reacquires its own shares and does not retire them, it is known as treasury stock.

The total amount of treasury stock held by the form in the balance sheet on June 30, 2016.

To determine

(F)

Concept Introduction:

Shares issued refers to the number of shares that are allocated to the stockholders by way of sale.

It is calculated as:

Number of shares issued * Par value of each share.

Shares Outstanding is the number of shares issued but which are still held with the stockholder and are not reacquired. It is calculated as:

Shares Outstanding = Number of Shares issued - Number of Treasury shares.

Treasury stock - When the firm reacquires its own shares and does not retire them, it is known as treasury stock.

The retained earnings balance at June 30, 2016.

To determine

(G)

Concept Introduction:

Shares issued refers to the number of shares that are allocated to the stockholders by way of sale.

It is calculated as:

Number of shares issued * Par value of each share.

Shares Outstanding is the number of shares issued but which are still held with the stockholder and are not reacquired. It is calculated as:

Shares Outstanding = Number of Shares issued - Number of Treasury shares.

Treasury stock - When the firm reacquires its own shares and does not retire them, it is known as treasury stock.

The retained earnings balance at June 30, 2016 with retained earnings balance at July 1, 2015 using statement of retained earnings or T-account analysis.