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need help with the incorrect answers The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 2, is as
need help with the incorrect answers
The stockholders' 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 $42, and the market value per share of the preferred stock is $26. Required a. What is the par value per shate 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? f. If Mann Equipment Company declared a 2-tor-1 stock split on the common stock, how many shares would be outstanding after the split? What amount would be transferred from the Retained Earnings account because of the stock split? Theoretically, what would be the market price of the common stock immediately after the stock split? be the market price of the common stock immediately after the stock split? ) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. a. What is the par value per ahare of the preferred stock? b. What is the dividand per share on the greferred stock? (Round your answer to 2 decimal places.) c.What is the number of common tock shares outstanding? d. What was the average issue price per share (orice for which the stock was issued) of the comman stock? d. What was the average issue price per share (price for which the stock was issued) of the common stock? t. If Mann Equipment Company declared a 2-fot-1 stock spit on the common stock, how many shares would be outstanding after the spit? What amount would be transferred from the Retained Earnings account because of the stock split? Theoretically. What would be the market price of the common stock immed ately after the stock spilt? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. If Kann fquipment Company declared a 2-for-1 stock solit on the common stock, how many shares would be outstanding after the split? What amount would be transferred from the fetained farnings account becaise of the stock spit? Theoretically, what would be the market price of the common stock inmediately after the stock splity Step by Step Solution
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