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Problem 1 1 - 2 6 A ( Static ) Analyzing the stockholders' equity section of the balance sheet LO 1 1 - 2 ,

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Problem 11-26A (Static) Analyzing the stockholders' equity section of the balance sheet LO 11-2,11-3,117
The stockholders' equity section of the balance sheet for Mann Equipment Company at December 31, Year 1, is as follows.Note: The market value per share of the common stock is $42, and the market value per share of the preferred stock is $26.Requireda. What is the par value per share of the preferred stock?b. What is the dividend per share on the preferred stock? (Round your answer to 2 declmal places.)c. What was the average issue price per share (price for which the stock was issued) of the common stock?e-1. If Mann declares a 2-for-1 stock split on the common stock, how many shares will be outstanding after the split?e-2. What amount will be transferred from the retained earnings account because of the stock split?e-3. Theoretically, what will be the market price of the common stock immediately after the stock split?
\table[[a.,Par value per share,],[b.,Dividend per share,],[c.,Average issue price per share,],[e-1.,Shares outstanding after the split,],[e-2.,Amount transferred form retained earnings,],[e-3.,Market price of common stock after split,]]
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