! Required information [The following information applies to the questions displayed below.] The stockholders' equity section of World of Camping is presented here. WORLD OF CAMPING Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000,000 common shares Total stockholders' equity $4,300,000 13,000,000 293,600,000 310,900,000 271,000,000 (180,000,000) $401,900,000 Based on the stockholders' equity section of World of Camping, answer the following questions. 2. How many shares of common stock have been issued? Number of shares

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter11: Stockholders' Equity
Section: Chapter Questions
Problem 11.1E
Question
!
Required information
[The following information applies to the questions displayed below.]
The stockholders' equity section of World of Camping is presented here.
WORLD OF CAMPING
Balance Sheet (partial)
($ and shares in thousands)
Stockholders' equity:
Preferred stock, $1 par value
Common stock, $1 par value
Additional paid-in capital
Total paid-in capital
Retained earnings
Treasury stock, 12,000,000 common shares
Total stockholders' equity
$4,300,000
13,000,000
293,600,000
310,900,000
271,000,000
(180,000,000)
$401,900,000
Based on the stockholders' equity section of World of Camping, answer the following questions.
2. How many shares of common stock have been issued?
Number of shares
Transcribed Image Text:! Required information [The following information applies to the questions displayed below.] The stockholders' equity section of World of Camping is presented here. WORLD OF CAMPING Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000,000 common shares Total stockholders' equity $4,300,000 13,000,000 293,600,000 310,900,000 271,000,000 (180,000,000) $401,900,000 Based on the stockholders' equity section of World of Camping, answer the following questions. 2. How many shares of common stock have been issued? Number of shares
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