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The market price of a share of common stock at the time of issuance was $19.50, while the market price of a preferred share of
The market price of a share of common stock at the time of issuance was $19.50, while the market price of a preferred
share of stock at the time of issuance was $32. The company paid $12.50 for its treasury stock. Fill in the missing
stockholders' equity information below.
Stockholders' equity: Preferred stock, $2.00 par value, 1,000,000 authorize 300,000 issued........ Ga) (b) Additional paid-in capital Common stock, $3.00 par value, 40,000,000 authorized: 25,600,000 issued (c) Additional paid-in capital Od) Retained earnings 305.683.000 Ge) Of) Less: treasury stock, at cost (10,000 shares Total stockholders' equity............................................................. (g)
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