< Question 6 - Chapter Ten Home X OLIDKPUWERSTRUNCIS tion.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghm FIRE B Homepage - Purdu... Inbox (1214) - wyat... My Drive Google... LON-CAPA My Cou... ISP: Check My Appli... ework Saved The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' equity $ 4,200 12,000 262,200 278,400 270,000 (140,000) $ 408,400 H Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts presented in thousands. 3. If the common shares were issued at $12 per share, at what average price per share were the preferred shares issued? Preferred shares issued price per share < Prev 6 8 of 9 Next >