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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 ??????????
1. At what amount did the common stock originally sell for per share?
2. For common stock, how many shares have been issued?
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