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Rudy Corporation was organized in 2017 . Al December 31, 2017, Rudy Corporation's balance sheet reported the following stockholders' equity. (Cick the icon to view

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Rudy Corporation was organized in 2017 . Al December 31, 2017, Rudy Corporation's balance sheet reported the following stockholders' equity. (Cick the icon to view the balance sheet information) Read the requirements Requirement 1. What does the 4 percent mean for the preferred stock? Aner Rudy Coporaton issues preferned stock, how much in annual cash divdends would it expect to pay on to.000 shares? The 4% for me preterned stock represents the After Rudy Coporation issues preferred stock how much in annual cash dividends would Rudy Corporation expect to pay on 10,000 shares? Start by delemining the formula needed to caloulate the dividends on the proferred stock. Now, using the formula you deternined above, complobe the sentence betow Aner the company issues prelerred slock, it can expect to pays In asnual cash dividends on 10,000 shares Requirement 2 At what pnce per share did Rudy Corporaton issue the comman stock during 2017 ? Seloct the formula needed and then enter the amounts to calculate the issue price per shave. (Rlound to the nearest cent) Requirement 3, Wero the first-year operatons profitable? Give your neason. as shown by the balance in Requirement 4. During 2018, the company completed the following selected transactions. Joumalize each transaction. Explanabions are not required cRecord debits first, then oredts. Exclude explanabions from any joumal entries) Rivdy Corporation was organized in 2017. At December 31, 2017, Rudy Corporation's balance aheet reported the following steckholders' equity. (Click the icon to view the balance sheet informaton) Read the tequirements a. Isued for cash 4,000 shaves of prelorred stock at pos value Rudy Corporabion was orgenized in 2017. At December 31, 2017, Ruay Corpuration's balance sheot reported the following stockholders' equity: (Click the icon to view the balance sheet information.) Read the requirements. Data table

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