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PROBLEM #4 The following accounts and their balances appear in the ledger of Raptor, Inc. on December 31, 2016. Preferred 2% Stock, $100 Par, 10,000

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PROBLEM #4 The following accounts and their balances appear in the ledger of Raptor, Inc. on December 31, 2016. Preferred 2% Stock, $100 Par, 10,000 shares authorized Paid-In Capital in Excess of Par-Preferred Stock Common Stock, $5 Par, 350,000 shares authorized Paid-In Capital in Excess of Par- Common Stock Retained Earnings Treasury Stock-Common (4,000 shares at cost) s 400,000 65,000 500,000 175,000 3,152,500 100,000 1. How many shares of preferred stock have been issued? 2. 3. 4. 5. 6. What is the total dollar amount of Stockholders' Equity? 7. What amount is needed to pay the preferred stock annual How many shares of preferred stock are outstanding? How many shares of common stock have been issued? How many shares of common stock are outstanding? What was the cost per share of the treasury stock? dividend

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