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Question 9 of 10 -/11 The stockholders' equity section of Bramble Corps balance sheet at December 31 is presented here, Bramble Corp. Balance Sheet (partial)

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Question 9 of 10 -/11 The stockholders' equity section of Bramble Corps balance sheet at December 31 is presented here, Bramble Corp. Balance Sheet (partial) Stockholders' equity $787.500 2.260.000 Paid-in capital Preferred stock, cumulative, 12,500 shares authorized, 7,500 shares issued and outstanding Common stock, no par, 730,603 shares authorized, 565,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (6,900 common shares) Total stockholders' equity 3,047,500 1,158,000 4,205,500 36,800 $4,168,700 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding shares (b) Assuming there is a stated value, what is the stated value of the common stock? The stated value of the common stock $ per share (c) What is the par value of the preferred stock? The par value of the preferred stock $ per share (c) What is the par value of the preferred stock? The par value of the preferred stock $ per share (d) If the annual dividend on preferred stock is $ 47,250, what is the dividend rate on preferred stock? The dividend rate % (e) If dividends of $ 73,800 were in arrears on preferred stock, what would be the balance reported for retained earnings? The Retained Earnings balance $

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