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TB PR Qu. 10-183 (Static) The stockholders' equity section of University... The stockholders' equity section of University Fashions is presented here: Based on the stockholders'
TB PR Qu. 10-183 (Static) The stockholders' equity section of University... The stockholders' equity section of University Fashions is presented here: Based on the stockholders' equity section of University Fashions, answer the following questions. Remember that all amounts are presented in thousands. Required: 1. How many shares of preferred stock have been issued? 2. How many shares of common stock have been issued? 3. Assuming the preferred shares were issued at par value, at what average price per share were the common shares issued? 4. If retained earnings at the beginning of the period was $120 million and net income during the year was $30 million, how much was paid in dividends for the year? 5. If the treasury stock was purchased at $20 per share, how many shares were purchased? Complete this question by entering your answers in the tabs below. Required: 1. How many shares of preferred stock have been issued? 2. How many shares of common stock have been issued? 3. Assuming the preferred shares were issued at par value, at what average price per share were the common shares issued? 4. If retained earnings at the beginning of the period was $120 million and net income during the year was $30 million, how much was paid in dividends for the year? 5. If the treasury stock was purchased at $20 per share, how many shares were purchased? Complete this question by entering your answers in the tabs below. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) Required: 1. How many shares of preferred stock have been issued? 2. How many shares of common stock have been issued? 3. Assuming the preferred shares were issued at par value, at what average price per share were the common shares issued? 4. If retained earnings at the beginning of the period was $120 million and net income during the year was $30 million, how much was paid in dividends for the year? 5. If the treasury stock was purchased at $20 per share, how many shares were purchased? Complete this question by entering your answers in the tabs below. Required: 1. How many shares of preferred stock have been issued? 2. How many shares of common stock have been issued? 3. Assuming the preferred shares were issued at par value, at what average price per share were the common shares issued? 4. If retained earnings at the beginning of the period was $120 million and net income during the year was $30 million, how much was paid in dividends for the year? 5. If the treasury stock was purchased at $20 per share, how many shares were purchased? Complete this question by entering your answers in the tabs below. Assuming the preferred shares were issued at par value, at what average price per share were the common shares issued? Required: 1. How many shares of preferred stock have been issued? 2. How many shares of common stock have been issued? 3. Assuming the preferred shares were issued at par value, at what average price per share were the common shares issued? 4. If retained earnings at the beginning of the period was $120 million and net income during the year was $30 million, how much w paid in dividends for the year? 5. If the treasury stock was purchased at $20 per share, how many shares were purchased? Complete this question by entering your answers in the tabs below. If retained earnings at the beginning of the period was $120 million and net income during the year was $30 million, how much was paid in dividends for the year? (Enter your answer in dollars not in millions. (i.e., $5 million should be entered as $5,000,000). Required: 1. How many shares of preferred stock have been issued? 2. How many shares of common stock have been issued? 3. Assuming the preferred shares were issued at par value, at what average price per share were the common shares issued? 4. If retained earnings at the beginning of the period was $120 million and net income during the year was $30 million, how much paid in dividends for the year? 5. If the treasury stock was purchased at $20 per share, how many shares were purchased? Complete this question by entering your answers in the tabs below. If the treasury stock was purchased at $20 per share, how many shares were purchased? (Enter your answer in total number of shares, not in thousands.)
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