Answer this one for me..........................................................

1. Award: 3.00 points The authorized share capital of the Alfred Cake Company is 100,000 shares. The equity is currently shown in the company's books as follows: Common stock ($2 par value) Additional paidin capital Retained earnings Common equity Treasury stock (5,000 shares) Net common equity $ 70,000 20,000 40,000 $130,000 14,000 $116,000 a. How many shares are issued? Number of shares issued b. How many shares are outstanding? Outstanding shares c. How many more shares can be issued without the approval of shareholders? Number of shares issued Hints Hint #1 References Worksheet Difficulty: Basic Learning Objective: 1403 Interpret shareholder equity accounts in the firm's financial statements. 2. Award: 3.00 points Common Products has just made its first issue of stock. It raised $2.2 million by selling 150,000 shares of stock to the public. These are the only shares outstanding. The par value of each share was $2. Complete the following table: Common stock (par value) Additional paidin capital Retained earnings Net common equity $ $ $ $ 2,900,000 Hints Hint #1 References Worksheet Difficulty: Intermediate Learning Objective: 1403 Interpret shareholder equity accounts in the firm's financial statements. 3. Award: 3.00 points If there are 10 directors to be elected and a shareholder owns 150 shares, calculate the maximum number of votes that he or she can cast for a favorite candidate under each of the voting methods. a. Majority voting b. Cumulative voting Maximum Number of Votes Hints Hint #1 References Worksheet Difficulty: Intermediate Learning Objective: 1404 Describe voting procedures for the election of a firm's board of directors and other matters. 4. Award: 3.00 points The shareholders of the Pickwick Paper Company need to elect five directors. There are 360,000 shares outstanding. a. What is the minimum number of shares you need to own to ensure that you can elect at least one director if the company has majority voting? Number of shares b. What is the minimum number of shares you need to own to ensure that you can elect at least one director if the company has cumulative voting? (Round your answer to the nearest whole number.) Number of shares References Worksheet Difficulty: Intermediate Learning Objective: 1404 Describe voting procedures for the election of a firm's board of directors and other matters