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Angel's was organized in Year 1. It was authorized to Issue 490, 000 shares of $12 par common stock and 50, 000 shares of 5
Angel's was organized in Year 1. It was authorized to Issue 490, 000 shares of $12 par common stock and 50, 000 shares of 5 percent cumulative class A prelerred stockThe class A stock had a stated value of $25 per share. The following stock transactions pertain to 1. 25,000 shares of common stock for 17 per share. Issued 12.000 shares of the class A preferred stock for $30 per share. 3. Issued 53,000 shares of common stock for $20 per share What is total stockholdersafter considering all these transactions?
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