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Detailed explanation pls Parsons, Inc. is a publicly owned company. The following information is excerpted from a recent balance sheet. Dollar amounts (except for per-share
Detailed explanation pls
Parsons, Inc. is a publicly owned company. The following information is excerpted from a recent balance sheet. Dollar amounts (except for per-share amounts) are stated in thousands. Stockholders' equity: Convertible $17.20 preferred stock, $250 par value, 1,000,000 shares authorized; 345,000 shares issued and outstanding Common stock, par value $0.50; 25,000,000 shares authorized Additional paid-in capital Retained earnings Total stockholders' equity $ 86,250 6,819 87,260 57,263 $ 237,592 Required: From this information, answer the following questions. a. How many shares of common stock have been issued? (Enter your answer in thousands.) b. What is the total amount of the annual dividends paid to preferred stockholders? (Enter your answer in thousands.) c. What is the total amount of paid-in capital? (Enter your answer in thousands.) d. What is the book value per share of common stock, assuming no dividends in arrears? (Round your answers to 2 decimal places.) a shares b. Number of issued shares of common stock Annual preferred stock dividends Total paid-in capital Book value per share of common stock c d. per shareStep by Step Solution
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