Question
Preferred stock, $30 par value, 5,000 shares authorized, ? shares issued $120,000 Common stock, ? par, 10,000 shares authorized, 7,000 shares issued 70,000 Additional paid-in
Preferred stock, $30 par value, 5,000 shares
authorized, ? shares issued $120,000
Common stock, ? par, 10,000 shares
authorized, 7,000 shares issued 70,000
Additional paid-in capitalPreferred 6,000
Additional paid-in capitalCommon $560,000
Additional paid-in capitalTreasury stock 1,000
Total contributed capital? $757,000
Retained earnings? 40,000
Less: Treasury stock, preferred, 100 shares (3,200)
Total stockholders equity $ ?
1. The number of shares of preferred stock issued ?
2. The number of shares of preferred stock outstanding ?
3. The average per-share sales price of the preferred stock when issued ?
4. The par value of the common stock ?
5. The average per-share sales price of the common stock when issued ?
6. The cost of the treasury stock per share ?
7. The total stockholders equity ?
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 ?
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