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Problem 11-30B Analysis of Stockholders' Equity The Stockholders' Equity section of the December 31 balance sheet of Lion Company appears as follows: Preferred stock, $30
Problem 11-30B Analysis of Stockholders' Equity The Stockholders' Equity section of the December 31 balance sheet of Lion Company appears as follows: Preferred stock, $30 par value, 5,000 shares authorized, ??? shares issued Common stock, ??? par, 10,000 shares authorized, 7,000 shares issued Additional paid-in capital-Preferred Additional paid-in capital-Common Additional paid-in capital-Treasury stock Total contributed capital Retained earnings Less: Treasury stock, preferred, 100shares Total stockholders' equity 120,000 70,000 6,000 560,000 1,000 $ 757000 40,000 (3.200) s ?? Required Determine the following items based on Lion's balance sheet. 1The 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
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