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Question 23 Not yet answered Marked out of 10.00 Shown below is information relating to the stockholders equity of Novak Corporation at December 31, 2015

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Question 23 Not yet answered Marked out of 10.00 Shown below is information relating to the stockholders equity of Novak Corporation at December 31, 2015 8% cumulative preferred stock. AED 100 par 100.000 shares authorized 7,000 shares issued AED 700.000 Common stock. AED 3 par. 1.000.000 shares authorized 500.000 shares issued and outstanding.. 1.500.000 Additional paid-in capital: preferred stock 400.000 500.000 Additional paid-in capital: common stock 800.000 Retained earnings.......... From the information above answer the following questions. (10 Points) a. C. What is the total amount of legal capital? (2 Pts) b. What is the total amount of paid-in capital? (2 Pts) What is the average issue price per share of preferred stock? (2 Pts) d. How much was paid in dividends to all of the preferred stock holders? (2 Pts) if it was decided to use all of the retained earnings to pay the common stockholders a diidend inhead how much be the dividend per share? (2 Pts) e. Paragraph B TEE

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