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Stockholders equity Preferred Stock, $100 par, 3.5%, 10,000 authorized $ 900,000 Common Stock, $0.25 par, 1,000,000 authorized 150,000 Paid in Capital in Excess of par
Stockholders equity
Preferred Stock, $100 par, 3.5%, 10,000 authorized $ 900,000
Common Stock, $0.25 par, 1,000,000 authorized 150,000
Paid in Capital in Excess of par C/S 20,850,000
Retained Earnings 80,000,000
Treasury stock at cost, 1,000 shares 45,000
Total Stockholders equity ??????????
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At what amount did the preferred stock sell for per share? (2 points)
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