Type your answer here... I suspect there is. All the RCA Common was acquired by General Elexctric for about $66 a share in 1986. Obviously some shares were never sent in for the cash. I suggest you write to the Corporate Secretary or Treasurer of G.E. in Connecticut to determine how to receive value.
Issued 14,118 shares of common stock for $14,118 cash.
$40,000.00 per share 100,000,000 / 2,500 = 40,000/-
why is share of OGDC common stock an asset for its owner and a liability for OGDC?
EPS represents the portion of a company's profit allocated to each outstanding share of common stock
Debit "Cash" for $18,000 and credit "Equity - Common Stock" for $18,000.
Issued 14,118 shares of common stock for $14,118 cash.
debit cashdebit promotional feecredit share capital
$40.00
400
$50
$40,000.00 per share 100,000,000 / 2,500 = 40,000/-
40.oo
declaration of a stock dividend
No, earnings per share is calculated using only common shares outstanding.
When you buy stock, you are giving money to the company that issued the stock in exchange for a share of ownership in that company.
omprehensive ExampleThe common stock portion of the equity section of Apple Inc. balance sheet as at 24 September 2011 is given below:Common stock (no par value):Shares authorized1,800,000Shares issued and outstanding929,277Value in million Dollars13,331 It provides the following information:The company has no par value stock.There is no stated value disclosed.Authorized share capital is 1.8 million shares.The company has issued roughly half of its authorized share capital as at 24 September 2011.The company has no treasury stock that is why shares issued and shares outstanding are equal.
why is share of OGDC common stock an asset for its owner and a liability for OGDC?