Stockholders' Equity ($ millions, except par value) Common stock, $0.50 par value; 6,500,000 authorized shares; 3,577,108,522 issued shares Other paid-in capital Retained earnings Accumulated other comprehensive loss Stockholders' equity before deduction for treasury stock Less treasury stock, at cost: 984,543,979 shares Total Merck & Co. Inc. stockholders' equity 3,577,108,522 2018 shares x $ 0.5 $1,789 34,927 38,321 (4,991) a. Show the computation of the $1,789 million in the common stock account. $70,046 45,836 $24,210 per share rounded down to $ 1.788 b. At what average price were the Merck common shares issued? Note: Round your answers to two decimal places (for example, enter 67.49 for 67.48555). $10.26 per share c At what average cost was the Merck treasury stock purchased? Note: Round your answers to two decimal places (for example, enter 67.49 for 67.48555). $0 * per share d. How many common shares are outstanding as of December 31, 2018? 0 million on the balance sheet. * shares outstanding N e.. Assume Merck's closing stock price is $76.41 per share on December 31, 2018. Use that amount to calculate the company's market cap for that day. $0 * million
a. Show the computation of the $1,789 million in the common stock account. shares 5 per share rounded down to 5 million on the balance sheet. b. At what average price were the Merck common shares issued? Note: Round your answers to two decimal places (for example, enter 67.49 for 67.48555 ) per share C. At what average cost was the Merck treasury stock purchased? Note: Round your answers to two decimal places (for example, enter 67.49 for 67,48555 ). 5 pershare d. How many common shares are outstanding as of December 31,2018 ? K shares outstanding E. Assume Mercks closing stock price is $76.41 per share on December 31.2018. Use that amount to calculate the companys market cap for that da x milion