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11 Resources 12) Thapter-11 Saved The stockholders' equity section of the balance sheet for Mann Equipment C December 31, 2016, is as follows: Book Stockholders'
11 Resources 12) Thapter-11 Saved The stockholders' equity section of the balance sheet for Mann Equipment C December 31, 2016, is as follows: Book Stockholders' Equity Paid-in capital Preferred stock,? par value, 6% cumulative, 100,000 shares authorized, 10,000 shares issued and outstanding Common stock, $10 stated value, 200,000 shares authorized, 100,000 shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value Common $ 200,000 Print 1,000,000 25,000 500,000 erences Total paid-in capital Retained earnings 1,725,000 420,000 Total stockholders' equity $2,145,000 Note: The market value per share of the common stock is $42, and the market value per share of the preferred stock is $26. Required a. What is the par value per share of the preferred stock? Par value $ 20 per share What is the dividend nor share on the preferrer stork? (Round wur answer to SC MAY 18 (A)
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