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E13-11B In a recent year, the stockholders' equity section of Aluminum Company of America (Alcoa) showed the following (in alphabetical order): additional paid-in capital $5,720,
E13-11B In a recent year, the stockholders' equity section of Aluminum Company of America (Alcoa) showed the following (in alphabetical order): additional paid-in capital $5,720, common stock $925, preferred stock $55, retained earnings $9,345, and treasury stock $1,899. All dollar data are in millions. The preferred stock has 660,000 shares authorized, with a par value of $100 and an annual $3.75 per share cumulative dividend preference. At December 31, 546,024 shares of preferred are issued and outstanding. There are 1.8 billion shares of $1 par value common stock authorized, of which 924.6 million are issued and 870.3 million are outstanding at December 31. Instructions Prepare the stockholders' equity section, including disclosure of all relevant data
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