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Chapter 10: Stockholders' Equity and Appendix D Use the Stockholders' Equity section of FSB's Balance Sheet to answer the questions below. Stockholders' Equity: FSB

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Chapter 10: Stockholders' Equity and Appendix D Use the Stockholders' Equity section of FSB's Balance Sheet to answer the questions below. Stockholders' Equity: FSB Enterprises Balance Sheet (partial) At December 31, 202A Preferred stock (Par $100) Common stock (Par $0.20) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (3,000 common shares) Total stockholders' equity 1 How many shares of preferred stock have been issued? 2a How many shares of common stock have been issued? 2b How many of the common shares are outstanding? $ 1,000,000 120,000 8,915,000 10,035,000 1,400,000 (54,000) $ 11,381,000

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