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O Required information The following information applies to the questions displayed below.) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance
O Required information The following information applies to the questions displayed below.) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' wity: Preferred stock, $1 par value Connon stock, 51 par value Additional paid in capital Total paid in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' equity $ 5,500 29,000 1,095, 200 1,139, 100 287,000 (310,000) $1,107,100 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of shares
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