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Accounting question! The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 2, is as follows. Note- The market
Accounting question!
The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 2, is as follows. Note- The market value per share of the common stock is $38, and the market value per share of the preferred stock is Required a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? 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? Complete this question by entering 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 places.) 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? (found your answer to nearest whole dollar.) Step by Step Solution
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