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HELP PLEASE Problem 8-25A (Algo) Analyzing the stockholders' equity section of the balance sheet LO 8-2, 8-4, 8-5, 8-7 The stockhoiders' equity section of the
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Problem 8-25A (Algo) Analyzing the stockholders' equity section of the balance sheet LO 8-2, 8-4, 8-5, 8-7 The stockhoiders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 2, is as follows. Note: The market value per share of the common stock is $38, and the market value per share of the preferred stock is $18. Required a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? c. What is the number of common stock shares outstanding? d. What was the average issue price per share (price for which the stock was issued) of the common stock? \begin{tabular}{|l|l|rr|l|} \hline a. & Par value & $ & 10 & per share \\ \hline b. & Dividend & $ & 0.50 & per share \\ \hline c. & Common stock & & 4,000 & shares \\ \hline d. & Average issue price & $ & 40,000 & per share \\ \hline \end{tabular} If Mann Equipment Company declared a 2 -for-1 stock split on the common stock, ho the split? What amount would be transferred from the Retained Earnings account bec what would be the market price of the common stock immediately after the stock spl Step by Step Solution
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