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Required Information Problem 10-4A (Algo) Analyze the stockholders' equity section (LO10-7) [The following Information applies to the questions displayed below.] The stockholders' equity sectlon of
Required Information Problem 10-4A (Algo) Analyze the stockholders' equity section (LO10-7) [The following Information applies to the questions displayed below.] The stockholders' equity sectlon of Your Nesting Place is presented here. Based on the stockholders' equity section of Your Nesting Place, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4A (Algo) Part 1 Required: 1. How many shares of preferred stock have been Issued? (Enter you answer In total number of shares, not In thousands.) Answer is complete but not entirely correct. 2. How many shares of common stock have been Issued? (Enter you answer In total number of shares, not In thousands.) Answer is complete but not entirely correct. Number of shares 3. If the common shares were Issued at $29 per share, at what average price per share were the preferred shares issued? 4. If retained earnings at the beginning of the period was $249 million and $29 million was pald In dividends during the year, what was the net income for the year? (Enter your answer In millions (l.e., 5,000,000 should be entered as 5).) 5. What was the average cost per share of the treasury stock acquired
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