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8-48. Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the...

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8-48. Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders' equity section of the December 31, 2018. Caterpillar Inc. balance sheet. LO1, 2 CATERPILLAR INC. (CAT) a. How many shares of Caterpillar common stock are outstanding at year-end 2018? b. What does the phrase "at paid-in amount" in the common stock account mean? c. At what average cost has Caterpillar repurchased its stock as of year-end 2018 ? d. Why would a company such as Caterpillar want to repurchase its common stock? c. What is meant by "Profit employed in the business"? The account balance was $26.301 million at the start of the year and the company reported net income of $6.147 million for the year. What amount did the company record as dividends in 2018

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