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Question 4: Deja Corporation is a publicly owned company. The following information is excerpted from a recent balance sheet. Dollar amounts (except for per share

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Question 4: Deja Corporation is a publicly owned company. The following information is excerpted from a recent balance sheet. Dollar amounts (except for per share amounts) are stated in thousands. Stockholders' equity: Convertible $12 preferred stock, no par value, 1,000,000 shares authorized; 240,000 shares issued and outstanding; $200 per share liquidation preference (call price) $ 48,000 Common stock, par value $2; 50,000,000 shares authorized 5,260 Additional paid-in capital 72,340 Retained earnings 47,240 Total stockholders' equity $172,840 Instructions From this information, compute answers to the following questions: a. How many shares of preferred stock have been issued? b. What is the total amount of the annual dividends paid to preferred stockholders? c. What is the total amount of paid-in capital? d. What is the book value per share of common stock? e. What is meant by the term convertible used in the caption of the preferred stock

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