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Problem 10-4A Analyze the stockholders' equity section (L010-7) [The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is
Problem 10-4A Analyze the stockholders' equity section (L010-7) [The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is presented here VELCRO WORLD Balance Sheet (partial) $ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital $4,500 15,000 363,000 Total paid-In capital Retained earnings Treasury stock, 10,000 common shares 382,500 273,000 (170,000) Total stockholders' equity $485,500 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands Problem 10-4A Part 1 Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of shares Problem 10-4A Part 2 2. How many shares of common stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of shares Problem 10-4A Part 3 3. If the common shares were issued at $15 per share, at what average price per share were the preferred shares issued? Preferred shares issued price per share Problem 10-4A Part 2 2. How many shares of common stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of shares Problem 10-4A Part 3 3. If the common shares were issued at $15 per share, at what average price per share were the preferred shares issued? Preferred shares issued price per share
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