Problem 8-25 Analyzing the stockholders' equlty section of the balance sheet LO 8-2, 8-4, 8-5, 8-7 The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, 2018, is as follows. 554e, cee Stockholders' Equity Pald-in capital Preferred stock,? par value, 5% cumulative, 150,000 shares authorized, 45,800 shares issued and outstanding Connon stock, $15 stated value, 200,eee shares authorized 45,000?? shares issued and outstanding Paid in capital in excess of par-Preferred Pald-in capital in excess of stated value-Connon Total pald-in capital Retained earnings Treasury stock, 4,000 shares Total stockholders' equity 675, eee 35,000 225,000 1.475.000 300, ce 30,000 $1,745,000 0 erences Note: The market value per share of the common stock Is $36, and the market value per share of the preferred stock is $17. Required a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? c. What is the number of common stock shares outstanding? d. What was the average Issue price per share price for which the stock was issued of the common stock? f. Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many shares will be outstanding after the split? What amount will be transferred from the retained eamings account because of the stock split? Theoretically, what will be the market price of the common stock immediately after the stock split? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Reg A to D ReqF a. 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 decimal places.) c. What is the number of common stock shares outstanding? (Round your answer to nearest whole-dollar) d.What was the average issue price per share (price for which the stock was issued) of the common stock? Show less ces 2. Par value b. Dividend per share per share 0 Common stock d. Average issue price shares per share RegF > ebook Complete this question by entering your answers in the tabs below. ASK Reg A to D Reg F Print If Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many shares will be outstanding after the split? What amount will be transferred from the retained earnings account because of the stock split? Theoretically, what will be the market price of the common stock immediately after the stock split? References Shares outstanding after the split Amount transferred form retained earnings Market price of common stook after split
