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  3. the balance sheet caption for common stock is the

The balance sheet caption for common stock is the following: Common stock, $10 par...

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Question

Accounting

The balance sheet caption for common stock is the following:

Common stock, $10 par value, 500,000 shares authorized, 410,500 shares issued, 380,200 shares outstanding $ ?question mark

Required:

  1. Calculate the dollar amount that will be presented opposite this caption.
  2. Calculate the total amount of a cash dividend of $0.52 per share.
  3. What accounts for the difference between issued shares and outstanding shares?

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