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a. What is the par value per share of the preferred stock? What is the dividend per share on the preferred stock? . What is
a. What is the par value per share of the preferred stock? What is the dividend per share on the preferred stock? . What is the number of common stock shares outstanding? d. What was the average issue price per share (price for which the stock was issued) of the common stock? f. If Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many shares would be outstanding after the split? What amount would be transferred from the Retained Earnings account because of the stock split? Theoretically, what would be the market price of the common stock immediately after the stock split?
The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 2, is as follows. If Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many shares would be outstanding after the split? What amount would be transferred from the Retained Eamings account because of the stock split? Theoretically, what would be the market price of the common stock immediately after the stock split? Complete this question by antering your answers in the tabs below. a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? (Round your answer to 2 decimal pleces.) c. What is the number of common stock shares outstanding? d. What was the average issue price per share (price for which the stock was issued) of the common stock? (Round your answer to nearest whole dollar.) Step by Step Solution
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