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Please help with this assignment! Thanks m 8-25 Analyzing the stockholders' equity section of the balance sheet ckholders' equity section of the balance sheet for
Please help with this assignment! Thanks
m 8-25 Analyzing the stockholders' equity section of the balance sheet ckholders' equity section of the balance sheet for Mann Equipment Co. at December 31,2016. The is as follows. Stockholders' Equity Paid-in capital Preferred stock, ? par value, 6% cumulative, 100,000 shares authorized, 10,000 shares issued and outstanding Common stock, $10 stated value, 200,000 shares $200,000 authorized, 100,000 shares issued and ?? shares outstanding 1,000,000 25,000 500,000 Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Common Total paid-in capital Retained earnings Treasury stock, 1,000 shares Total stockholders' equity $1,725,000 420,000 $2,132,000 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 share 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 avera stock? e. Explain the difference between the average issue price and the market price of the common stock. f. If shares would be Earnings account be common stock immediately after the stock split? Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many outstanding after the split? What amount would be transferred from the Retained cause of the stock split? Theoretically, what would be the market price of theStep by Step Solution
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