Use the following to answer questions 18 - 22 The Company Balance Sheet (Stockholders' Equity Section)...

Transcribed Image Text:

Use the following to answer questions 18 - 22 The Company Balance Sheet (Stockholders' Equity Section) At December 31, 2024 Preferred stock, $100 par value $50,000 Common stock, $0.10 par value 40,000 Additional Paid in capital 7.560,750 Total paid in capital 7,650,750 1,480,000 (600,000) $8,530,750 Retained earnings Treasury stock Total stockholders' equity 18. been issued? shares. How many shares of preferred stock have 19. shares. How many shares of common stock 20. have been issued? $ If the common stock were issued at an average from the common stock price of $19 per share. What amount of the Additional Paid in capital issuance? is 21. $ If retained earnings at the beginning of the period was $1,000,000 and Net income was $725,000, what were the declared dividends for the year? 22. shares. If the treasury stock was reacquired at $30.00 per share, how many shares were reacquired? Use the following to answer questions 18 - 22 The Company Balance Sheet (Stockholders' Equity Section) At December 31, 2024 Preferred stock, $100 par value $50,000 Common stock, $0.10 par value 40,000 Additional Paid in capital 7.560,750 Total paid in capital 7,650,750 1,480,000 (600,000) $8,530,750 Retained earnings Treasury stock Total stockholders' equity 18. been issued? shares. How many shares of preferred stock have 19. shares. How many shares of common stock 20. have been issued? $ If the common stock were issued at an average from the common stock price of $19 per share. What amount of the Additional Paid in capital issuance? is 21. $ If retained earnings at the beginning of the period was $1,000,000 and Net income was $725,000, what were the declared dividends for the year? 22. shares. If the treasury stock was reacquired at $30.00 per share, how many shares were reacquired?