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Exercise 1 1 . 5 ( Algo ) Analyzing Stockholders' Equity ( LO 1 1 - 4 , LO 1 1 - 5 , LO
Exercise Algo Analyzing Stockholders' Equity LO LO LO LO The yearend balance sheet of Columbus Products, Inc., includes the following stockholders' equity section with certain details omitted Stockholders' equity: Capital stock: cumulative preferred stock, $ par value Common stock, $ par value, shares authorized, shares issued and outstanding $ Additional paidin capital: Common stock Retained earnings Total stockholders' equity $ From this information, compute answers to the following questions. a How many shares of preferred stock have been issued? b What is the total amount of the annual dividends to which preferred stockholders are entitled? c What was the average issuance price per share of common stock? d What is the amount of legal capital and the amount of total paidin capital? e What is the book value per share of common stock, assuming no dividends in arrears? f Is it possible to determine the fair market value per share of common stock from the stockholders' equity section above?
Exercise Algo Analyzing Stockholders' Equity LO LO LO LO
The yearend balance sheet of Columbus Products, Inc., includes the following stockholders' equity section with certain details omitted
Stockholders' equity:
Capital stock:
cumulative preferred stock, $ par value
Common stock, $ par value, shares authorized, shares issued and outstanding $
Additional paidin capital:
Common stock
Retained earnings
Total stockholders' equity
$
From this information, compute answers to the following questions.
a How many shares of preferred stock have been issued?
b What is the total amount of the annual dividends to which preferred stockholders are entitled?
c What was the average issuance price per share of common stock?
d What is the amount of legal capital and the amount of total paidin capital?
e What is the book value per share of common stock, assuming no dividends in arrears?
f Is it possible to determine the fair market value per share of common stock from the stockholders' equity section above?
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