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SHOW HOW TO DO THE CALCUALTION The market price of a share of common stock at the time of issuance was $19.50, while the market
SHOW HOW TO DO THE CALCUALTION
The market price of a share of common stock at the time of issuance was $19.50, while the market price of a preferred share of stock at the time of issuance was $32. The company paid $12.50 for its treasury stock. Fill in the missing stockholders' equity information below. Stockholders' equity: Preferred stock, $2.00 par value, 1,000,000 authorize; 300,000 issued.. Additional paid-in capital .. Common stock, $3.00 par value, 40,000,000 authorized; 25,600,000 issued Additional paid-in capital Retained earnings.. (a) (b) (c) (d) 305,683,000 (e) (f) Less: treasury stock, at cost (10,000 shares). Total stockholders' equity (g)
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