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Required information [The following Information applies to the questions displayed below) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance sheet

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Required information [The following Information applies to the questions displayed below) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance sheet (partial) ($ and shares in thousands) Stockholders' equity.. Dreferred stock, $1 par value 4,500 Common stock, $1 par value 15,000 Additional paid-in capital 363.000 Total paid-in capital 382,500 Retained earnings 273,000 Treasury atok, 10,000 common shares (170.000) Total stockholders' equity $ 485,500 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. 5. What was the average cost per share of the treasury stock acquired? Average com per share 30

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