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help 1st problem only how do i find the percentage? D Proportional Method Beveridge Corporation issued 300 shares of $10 par value common stock and
help 1st problem only how do i find the percentage? D Proportional Method Beveridge Corporation issued 300 shares of $10 par value common stock and 100 shares of $50 par value preferred stock for a lump sum of $13,500. Common stock has a market value of $20 per share, and preferred stock has a market value of $90 por share. Titie utotha I give this option to buy our stock te y no meto buy Common shares Preferred shares Number 300 100 Amount Total X $ 20.00 = $ 6,000 X 90.00 9,000 Fair Market Value $ 15,000 Percent 40% 60% 100% At an established price During, or after a period of time Allocation: Issue price Allocation % Total Common $ 13,500 40% $ 5,400 Preferred $ 13,500 60% $ 8,100 21
how do i find the percentage?
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