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Analysis of Stockholders' Equity The Stockholders' Equity section of the December 31, 2017, balance sheet of Eldon Company appeared as follows: $275,000 Preferred stock, $50
Analysis of Stockholders' Equity The Stockholders' Equity section of the December 31, 2017, balance sheet of Eldon Company appeared as follows: $275,000 Preferred stock, $50 par value, 5,000 shares authorized,? shares issued Common stock, ? par, 10,000 shares authorized, 9,000 shares issued Additional paid-in capital-Preferred Additional paid-in capital-Common Additional paid-in capital-Treasury stock Total contributed capital Retained earnings Treasury stock, preferred, 200 shares Total stockholders' equity 90,000 7,150 630,000 2,000 $1,004,150 46.000 (6,800) $? Required: Determine the following items based on Eldon's balance sheet. Round all calculations except per-share amounts to the nearest whole number; round per-share amounts to the nearest cent. 1. The number of shares of preferred stock issued shares 2. The number of shares of preferred stock outstanding shares 3. The average per-share sales price of the preferred stock when issued per share 4. The par value of the common stock per share 5. The average per-share sales price of the common stock when issued per share 6. The cost of the treasury stock per share per share 7. The total stockholders' equity 8. The per-share book value of the common stock assuming that there are no dividends in arrears and that the preferred stock can be redeemed at its par value per share
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