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Required information [The following information applies to the questions displayed below.] The stockholders' equity section of Your Nesting Place is presented here. Based on the
Required information [The following information applies to the questions displayed below.] The stockholders' equity section 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. 3. If the common shares were issued at $11 per share, at what average price per share were the preferred shares issued? 4. If retained earnings at the beginning of the period was $231 million and $11 million was paid in dividends during the year, what was the net income for the year? (Enter your answer in millions (i.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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