Problem 8-25A (Algo) Analyzing the stockholders' equity 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 Coat December 31, Year 2, is as follows. 5672,000 Stockholders' Equity and in capital Preferred stock par value, 5 Cumulative, 260,000 shares authorized, 56.000 shares issued and outstanding Common stock, 520 stated value, 310,000 shares authorized, 56,000 shares issued and shares outstanding Paid in capital in excess of par-Preferred Paid in capital in excess of stated value-Common Total paid in capital Retained earnings Treasury stock, 7.000 shares Total stockholders' equity 1. 120.000 46.000 190,000 $2.034.000 410,000 (42,000) 52,402,000 Note: The market value per share of the common stock is $42, and the market value per share of the preferred stock is $28 Ches Note: The market value per share of the common stock is $42, and the market value per share of the preferred stock is $28. 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? 1. Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many shares would be outstanding after the split? What amount would be transferred from the Retained Earnings account because of the stock split? Theoretically, what would be the market price of the common stock immediately after the stock split? Complete this question by entering your answers in the tabs below. Req Ato D RoQF 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.) Complete this question by entering your answers in the tabs below. Req A to D Req 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? d. What was the average issue price per share (price for which the stock was issued) of the common stock? (Round your answer to nearest whole dollar). Show less per share per share a Par value b. Dividend c. Common stock d Average issue price shares por share Planet ReqF > Complete this question by entering your answers in the tabs below. Reg A to D ReqF If Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many shares would be outstanding after the split? What amount would be transferred from the Retained Earnings account because of the stock split? Theoretically, what would be the market price of the common stock immediately after the stock split? Answer shares Shares outstanding after the split Amount transferred from retained earnings Market price of common stock after split per share
