Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 11 - Reporting and Analyzing Stockholders' Equity - Questions: 20

Answer

The total cost of Tootsie Roll's treasury stock at 31st December 2007 was 1,992,000 dollars.

Work Step by Step

The Amount of cash dividend of the 2007 was 17,421,000 dollars. The total charge to retained earnings for the 2007 stock dividend was 46,685,000 dollars.
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