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

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Saved Work 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: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' equity $ 4,500 15,000 363,000 382,500 273,000 (170,000) $ 485,500 Based on the stockholders' equity section of Velcro World, answer the following presented in thousands. Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total Number of shares 4,500,000 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: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' equity $ 4,500 15,000 363,000 382,500 273,000 (170,000) $ 485,500 Based on the stockholders' equity section of Velcro World, answer the following ou presented in thousands. 2. How many shares of common stock have been issued? (Enter you answer in total num Number of shares 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: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' equity $ 4,500 15,000 363,000 382,500 273,000 (170,000) $ 485,500 Based on the stockholders' equity section of Velcro World, answer the following ques presented in thousands. 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: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' equity $ 4,500 15,000 363,000 382,500 273,000 (170,000) $ 485,500 Based on the stockholders' equity section of Velcro World, answer the following ques presented in thousands. 5. What was the average cost per share of the treasury stock equired? Average cost per share

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