Question
The following information pertains to Parsons Co.: Preferred stock, cumulative:Par value per share$100Dividend rate8%Shares outstanding10,000Dividends in arrears none Common stock:Par value per share$10Shares issued121,000Dividends paid
The following information pertains to Parsons Co.:
Preferred stock, cumulative:Par value per share$100Dividend rate8%Shares outstanding10,000Dividends in arrears none Common stock:Par value per share$10Shares issued121,000Dividends paid per share$2.10Market price per share$47.00 Additional paid-in capital$490,000 Unappropriated retained earnings (after closing)$290,000Retained earnings appropriated for contingencies$280,000Common treasury stock:Number of shares10,000Total cost$240,000Net income$635,000
Compute
Total amount of stockholders' equity in the balance sheet
Earnings per share of common stock
Book value per share of common stock
Payout ratio of common stock
Return on common stock equity
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