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Company V presents the following equity section of the et. Use this information to answer the following quest A-E below. 15 9% Preferred Stock, $25
Company V presents the following equity section of the et. Use this information to answer the following quest A-E below. 15 9% Preferred Stock, $25 par. 2 shares issued Common Stock, 2 par, 87,500 shares issued 62,500 350,000 Paid-In, Preferred Stock 312,500 Paid-In Common Stock 875,000 Retained Earnings 375,000 Less: Treasury Stock, $15,000 shares at a cost of ? (96.000) Total Stockholders' Equity 1,879,000 A. How many shares of preferred stock have been issued? B. What is the par value of the common stock? C. What is the average price the common stock was originally issued? D. What is the average cost paid to buy back the treasury stock? E. What is the dividend rate per share for the preferred stock
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