2. Rowlands Corporation has 100,000 shares of S40 par value preferred stock authorized. During the year, it had the following transactions related to its preferred stock. (a) Issued 20.000 shares at $55 per share. (b) Issued 10,000 shares for equipment having a $700,000 asking price. The stock had a market value of 75 per share Instructions Journalize the transactions (4 Marks) Financial Ratios Rati Liquidity Ratio 3. Medici Cash Sh.com A N. 4. Inter Set Profitability Nation Net Neste 7. Return Nem Returned Nederdele Arena 9. Faring per PS Set income del Weighie e commenting Solvency Ratio 10 Dato Toalha Income repere