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Required information Skip to question [ The following information applies to the questions displayed below. ] The stockholders equity section of World of Camping is
Required information
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The following information applies to the questions displayed below.
The stockholders equity section of World of Camping is presented here.
WORLD OF CAMPING
Balance Sheet partial
$ and shares in thousands
Stockholders' equity:
Preferred stock, $ par value $
Common stock, $ par value
Additional paidin capital
Total paidin capital
Retained earnings
Treasury stock, common shares
Total stockholders' equity $
Based on the stockholders' equity section of World of Camping, answer the following questions.
Required:
How many shares of preferred stock have been issued?
How many shares of common stock have been issued?
If the common shares were issued at $ per share, at what average price per share were the preferred shares issued?
If retained earnings at the beginning of the period was $ and $ was paid in dividends during the year, what was the net income for the year?
What was the average cost per share of the treasury stock acquired?
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