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I can not figure out C, D, and E The year-end balance sheet of Columbus Products, Inc., includes the following stockholders' equity section (with certain
I can not figure out C, D, and E
The year-end balance sheet of Columbus Products, Inc., includes the following stockholders' equity section (with certain de omitted) Stockholders' equity: Capital stock 7% cumulative preferred stock, $10e par value common stock, $5 par value, 5,eee,eee shares authorized, 3,70e,eee shares issued and outstanding $ 18,e0e,e90 18,see, eee Additional paid-in capital 44,000,e00 64,450,088 $144,950,ee0 Common stock Retained earnings Total stockholders' equity From this information, compute answers to the following questions a. How many shares of preferred stock have been issued? b. What is the total amount of the annual dividends to which preferred stockholders are entitled? c. What was the average issuance price per share of common stock? d. What is the amount of legal capital and the amount of total paid-in capital? e. What is the book value per share of common stock, assuming no dividends in arrears? f. Is it possible to determine the fair market value per share of common stock from the stockholders' equity section above? osearchStep by Step Solution
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