Required information Problem 10-4B Analyze the stockholders' equity section (L010-7) The following information applies to...
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Required information Problem 10-4B Analyze the stockholders' equity section (L010-7) The following information applies to the questions displayed below.) The stockholders' equity section of The Seventies Shop is presented here. 0 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 12,000 21,600 33,600 45,000 (2,100) $76,500 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4B Part 5 5. If the treasury stock was purchase at $20 per share, how many shares were purchased? (Enter your answer in total number of shares, not in thousands.) Number of shares
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