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[The following information applies to the questions displayed below.) The stockholders' equity section of The Seventies Shop is presented here, THE SEVENTIES SEOP Dalance sheet
[The following information applies to the questions displayed below.) The stockholders' equity section of The Seventies Shop is presented here, THE SEVENTIES SEOP Dalance sheet (partial) 1$ in thousands) Stockholders equity: Preferred stock, 650 par valse 0 Common stock, $5 par value 11,500 Additional paid-in capital 18,400 Total paid-in capital 29,900 Retained earnings 44,500 Treasury stock (2.000) Total stockholders' equity $72,400 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands Required: 1. How many shares of preferred stock have been issued? (Enter your answer in total number of shares, not in thousands.) Number of shares Required information [The following information applies to the questions displayed below.) The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $ 0 11,500 18,400 29,900 44,500 12,000) $72,400 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. 2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands.) Number of shares Required Information [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. 6 THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $ 0 11,500 18,400 29,900 44,500 (2.000) $72,400 ces Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. 3. Total pald-in capital is $29.90 million, At what average price per share were the common shares Issued? Common share issued per share The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) (5 in thousands) Stockholders' equity Preferred stock, $50 par value $0 Common stock, $5 par value 11.500 Additional paid-in capital 18,400 Total paid in capital 29,900 Retained earnings 44,500 Treasury stock (2,000 Total stockholders' equity $72,400 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands 4. If retained earnings at the beginning of the period was $36 million and net income during the year was $10.240,000, how much was paid in dividends for the year? (Enter your answer in dollars not in millions. (l.e. 5 should be entered as 5,000,000).) Dividonds paid [The following information applies to the questions displayed below.) The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousanda) Stockholders equity Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid in capital Retained earnings Treasury stock Total stockholders' equity $ 0 11,500 18,400 29,900 44,500 (2.000) $72,400 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. 5. If the treasury stock was purchase at $16 per share, how many shares were purchased? (Enter your answer in total number of shares, not in thousands.) Number of shares Required Information [The following information applies to the questions displayed below.) The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) $ in thousands) Stockholders' equity. Preferred stock, $50 par value Common stock, 55 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity 0 11,500 18,400 29,900 44,500 2.000) $72.400 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. 6. How much was the dividend per share? (Hint Dividends are not paid on treasury stock.) (Round your answer to 2 decimal places.) Dividend per share
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