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please help with solving 3 and 8. Analysis of Stockholders' Equity The Stockholders' Equity section of the December 31, 2017, balance sheet of Eldon Company
please help with solving 3 and 8.
Analysis of Stockholders' Equity The Stockholders' Equity section of the December 31, 2017, balance sheet of Eldon Company appeared as follows: $150,000 Preferred stock, $30 par value, 5,000 shares authorized, 7 shares issued Common stock, 7 par, 10,000 shares authorized, 8,000 shares issued Additional paid-in capital-Preferred Additional paid in capital-Common Additional paid-in capital - Treasury stock Total contributed capital Retained earnings Treasury stock, preferred, 200 shares Total stockholders' equity 80,000 6,000 640,000 1,600 $877,600 45,000 (6,200) $? Required: Determine the following items based on Eldon's balance sheet, Round all calculations except per-share amounts to the nearest whole number, round per-share amounts to the nearest cent. 1. The number of shares of preferred stock issued 5,000 shares 2. The number of shares of preferred stock outstanding 4,800 shares 3. The average per-share sales price of the preferred stock when issued Determine the following items based on Eldon's balance sheet. Round all calculations except per-share amounts to the nearest whole number; round per-share amounts to the nearest cent. 1. The number of shares of preferred stock issued 5,000 shares 2. The number of shares of preferred stock outstanding 4,800 shares 3. The average per-share sales price of the preferred stock when issued 33 X per share 4. The par value of the common stock 10 per share 5. The average per-share sales price of the common stock when issued 90 per share 6. The cost of the treasury stock per share 31 per share 7. The total stockholders' equity 916,400 8. The per-share book value of the common stock assuming that there are no dividends in arrears and that the preferred stock can be redeemed at its par value 115 X per share Step by Step Solution
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