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-   -   How do I calculate the treasury stock? (https://www.askmehelpdesk.com/showthread.php?t=654509)

  • Apr 25, 2012, 08:49 PM
    meeshellexx
    How do I calculate the treasury stock?
    How do I calculate the treasury stock?

    Silk Station has the following accounts at December 31: Common Stock, $3 par value, 1,000,000 shares; Paid-in Capital, $16 million; Retained Earnings, $11 million; and Treasury Stock, 59,500 shares, $3.0 million

    common stock: 300000
    additional paid-in capital 16000000
    Total paid in capital: 19000000
    Retained earnings: 11000000
    Treasury stock:??

    Total stockholder's equity:... need treasury stock to calculate

    I thought to calculate treasury stock it was 59,500 x $3 = 178500. But I'm wrong.

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