Question

The stockholders' equity section on the balance sheet of Dillard's, a popular department store, is shown below. During the year, the company reported net income of $463, 909,000 and declared and paid dividends of $10,002,000. What amount was reported in the Common Stock (Class A) account at the end of the current year? Common stock at par value How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? Last Year Current Year Number of shares What amount was reported in the Retained Earnings account at the end of last year? Retained earnings At the end of the current year, have the treasury stock transactions increased assets or decreased assets? By how much? During the current year, by what amount did treasury stock transactions increase or decrease stockholders' equity? At the end of the current year, what was the average price paid per share for shares held in treasury stock? Cost per share The stockholders' equity section on the balance sheet of Dillard's, a popular department store, is shown below. During the year, the company reported net income of $463, 909,000 and declared and paid dividends of $10,002,000. Required: What amount was reported in the Common Stock (Class A) account at the end of the current year? (Round your answer to nearest whole number.) Common stock at par value How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? What amount was reported in the Retained Earnings account at the end of last year? (Enter your answer in thousands.) At the end of the current year, have the treasury stock transactions increased assets or decreased assets? By how much? (Enter the amount as positive value. Enter your answer in thousands.) During the current year, by what amount did treasury stock transactions increase or decrease stockholders' equity? (Enter the amount as positive value. Enter your answer in thousands.) At the end of the current year, what was the average price paid per share for shares held in treasury stock? (Round your answer to 2 decimal places.) Cost per share