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Stockholder's Equity Section of Hundred Co's Balance Sheet on 12/31/21 5% cumulative preferred stock, 20,000 shares authorized, 10,0000 shares issued and outstanding $120,000 Common stock,
Stockholder's Equity Section of Hundred Co's Balance Sheet on 12/31/21
5% cumulative preferred stock, 20,000 shares authorized, 10,0000 shares issued and outstanding | $120,000 |
Common stock, $1 par value, 100,000 shares authorized, ___ shares issued and ___ shares outstanding | $50,000 |
Additional Paid in Capital | $450,000 |
Retained Earnings | $85,000 |
Accumulated other comprehensive income | $15,000 |
Treasury stock (2,000 shares) | ($18,000) |
Total Stockholder's equity | $702,000 |
a.) How many shares of common stock are outstanding as of 12/31/2021
b.) What is the par value of each share of preferred stock?
c.) What is the annual dividend per share of preferred stock?
d.) Assume no dividends were paid during 2020 (yet they were paid in 2019). Hundred Co. paid $50,000 in dividends during 2021. How much per share was paid to each common stock shareholder? (Round to nearest cent if necessary)
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