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3% cumulative preferred stock, 43,000 shares authorized, 23,000 shares issued and outstanding. $70,000 $.45 par value of 1,000,000 shares authorized, ____ shares issued and ____
3% cumulative preferred stock, 43,000 shares authorized, 23,000 shares issued and outstanding. | $70,000 |
$.45 par value of 1,000,000 shares authorized, ____ shares issued and ____ shares outstanding | $45,550 |
Additional paid-in capital | $120,000 |
Retained Earnings | $50,200 |
Accumulated other comprehensive income | $15,240 |
Treasury stock (4,000 shares) | ($24,000) |
Total Stockholder's Equity | $276,990 |
Above is the Stockholder's Equity Section of the Balance Sheet of Woof Inc. on 12/31/21
a.) How many shares of common stock are outstanding as of 12/31/21
b.) What is the par value of each share of preferred stock?
c.) What is the annual dividend per share of preferred stock?
d.) Assume dividends of no dividends were paid in 2019 and 2020. Woof Inc. paid $48,000 in dividends during 2021. How much per share was paid to each common stock shareholder?
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