How many shares of rock-dog inc are issued and outstanding


Class, Rock-Dog, Inc. has the following information containing its Shareholders' Equity:

* Common Shares authorized: 2 million

* Common Shares issued: 1 million

* Common Shares held as Treasury Stock: 250,000

How many shares of Rock-Dog, Inc. are issued and outstanding? If the company had income of $3 million for 2010, and its shares authorized, issued and outstanding hasn't changed all year, can you calculate the company's simple earnings per share? If the company's shares are trading at $24 per share, what is the company's current P/E Multiple? (You must answer all questions to received credit).

Solution Preview :

Prepared by a verified Expert
Accounting Basics: How many shares of rock-dog inc are issued and outstanding
Reference No:- TGS02617359

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)