Assume the following is the stockholders' equity section from Altria's 2016 balance sheet. December 31 ($ millions) 2016 $ 935 Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued).... Additional paid-in capital. Earnings reinvested in the business Accumulated other comprehensive losses (including currency translation of $1,317 in 2016). 6,061 54,666 Cost of repurchased stock (721,696,918 shares in 2016), Total stockholders' equity.. (1,853) (24.102) $35,707 At what average price has Altria issued its common stock? a. $ 2.49 b. $ 0.33 c. $12.73 d. $33.40

Financial Statement data for the years ended December 31st for the Top Corporation follow:2018 2017Net Income $775,000 $966,000Preferred Dividends $35,000 $35,000Average number of 80,000 shares 95,000 sharescommon shares outstandinga. Determine the earnings per share for 2018 and 2017. b. Does the change in the earnings per share from 2017 to 2018 include a favorable or unfavorable trend?

The following comparative statements of stockholders’ equity are prepared for Nolan Corporation:                                                       Jan.1,2015      Jan.1,2017      Jan.1,2019 Common stock ($10 par). . . . . . . $300,000              $300,000        $300,000 Paid-in capital in excess of par . . . 60,000                 60,000              60,000 Retained earnings . . . . . . . . . . . . . . .                              42,000            120,000 Total . . . . . . . . . . . . . . . . . . . . . . . . . .$360,000               $402,000        $480,000 Less treasury stock (at cost) . . . .                                 (75,000)          (75,000) Total stockholders’ equity. . . . . . $360,000               $327,000        $405,000 Tarman Corporation acquires 60% of Nolan Corporation common stock for $12 per share on January 1, 2015, when the latter corporation is formed. On January 1, 2017, Nolan Corporation purchases 5,000 shares of its own common stock from…