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How many shares of common stock are outstanding? Assuming there is a stated value, what is the stated value of the common stock? What is

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How many shares of common stock are outstanding?

Assuming there is a stated value, what is the stated value of the common stock?

What is the par value of the preferred stock?

If the annual dividend on preferred stock is $36,000, what is the dividend rate on preferred stock?

If dividends of $72,000 were in arrears on preferred stock, what would be the balance reported for retained earnings?

WE H 5 ACC291.r6 Stockholders Equity Section of the Balance Sheet grading guide week4 [Read-O PICTURE TOOLS TABLE TOOLS HOME NSERT DESIGN PAGE LAYOUT REFERENCES MAILINGS REVIEW VIEW FORMAT DESIGN LAYOUT FILE Brightness Compress pictures Align O contrast Reset picture Group Position wrap Bring Send Selection Crop Width: 4.55 Weig Rotate Effects Adjust Shadow Effects Border Arrange Sheet Grading Guid ACC291 Version Partially Not Comments Conten e Met Met Stockholders equity Paid in capital Preferred stock,cumulative, 10,000 shares authorized, 6,000 shares issued and outstanding 600,000 Common stock, no par, 750,000 shares authorized, 2,900,000 580,000 shares issued Total paid-in capital 3,500,000 Retained eamings 58,000 Total paidin capital and retained eamings 4668.000 Less: Treasury stock (6,000 common shares) 32,000 Totalstockholders equity $4,626,000 Availabl Earne PAGE 3 OF4 306 WORDS 0,32 PM

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