Question
PLEASE HELP AND SHOW ME HOW TO DO THIS THANK YOU SO MUCH F Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders' Equity:
PLEASE HELP AND SHOW ME HOW TO DO THIS THANK YOU SO MUCH
F Enterprises | |
Balance Sheet (partial) | |
At December 31, Year 4 | |
Stockholders' Equity: | |
Preferred stock ($75 par) | $150,000 |
Common stock ($0.05 par) | 7,500 |
Additional Paid in capital | 2,246,500 |
Total paid in capital | 2,404,000 |
Retained earnings | 375,000 |
Treasury stock (4,000 common shares) | (72,000) |
Total stockholders' equity | $2,707,000 |
1. How many shares of preferred stock have been issued? ______
2a. How many shares of common stock have been issued? ______
2b. How many of the common shares are outstanding? ______
3. If the common shares were issued at $15 per share, at what average price per share were the preferred shares issued? $_____
4. If retained earnings at the beginning of the period was $300,000 and $125,000 was earned in net income, what was the amount of dividends declared during the year?$______
5. What was the average cost per share of the treasury stock acquired? $_______
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