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Explain answers Given below is the stockholders' equity section of the balance sheet for The Wendy's Company for years 2015 and 2016. Some amounts are

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Given below is the stockholders' equity section of the balance sheet for The Wendy's Company for years 2015 and 2016. Some amounts are purposely missing. 2016 2015 Stockholders' Equity Common Stock, ?? par, 1,500,000 shares authorized, 470,424 shares issued Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock, at cost: 223,850 in 2016 and 198,109 in 2015 Total Stockholders' Equity $ 47,042 2.878,589 (290,857) (63,241) (2,043,797) $ 47,042 2.874,752 (356,632) (70,823) (1,741,425) 1. What is the par value per share of common stock? 2. What was the average issue price of the common stock? (What did it sell for?) 3 How many shares of stock are outstanding at the end of each year? 4 What was the average cost per share of the treasury stock for 2015 and 2016? 5. Do the data suggest that the company was profitable in 2016? 6. What was the net income for 2016? (Show calculations. Explain if more information is needed) 7. What is total Stockholders' Equity for each year

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