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Exercise 139 The following information pertains to Parsons Co.: Preferred stock, cumulative: Par value per share $100 Dividend rate 8% Shares outstanding 10,000 Dividends in

Exercise 139 The following information pertains to Parsons Co.: Preferred stock, cumulative: Par value per share $100 Dividend rate 8% Shares outstanding 10,000 Dividends in arrears none Common stock: Par value per share $10 Shares issued 120,000 Dividends paid per share $2.00 Market price per share $47 Additional paid-in capital $510,000 Unappropriated retained earnings (after closing) $290,000 Retained earnings appropriated for contingencies $300,000 Common treasury stock: Number of shares 10,000 Total cost $240,000 Net income $631,000 Compute (assume no changes in balances during the past year): (Round per share and ratios to 2 decimal places, e.g. $15.75 or 15.75%.) (a) Total amount of stockholders' equity in the balance sheet $ (b) Earnings per share of common stock $ per share (c) Book value per share of common stock $ per share (d) Payout ratio of common stock % (e) Return on common stock equity % step by step please

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