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, $ ? ? The stockholders' equity of Alex Corporation at December 31, 2020: % cumulative preferred stock, $100 par, 150,000 shares authorized, 50,000 shares
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$ ? ? The stockholders' equity of Alex Corporation at December 31, 2020: % cumulative preferred stock, $100 par, 150,000 shares authorized, 50,000 shares issued Common stock, $4 par, 500,000 shares authorized, 300,000 shares issued and outstanding $ Additional paid-in capital: preferred stock $ 600,000 Additional paid-in capital: common stock $ 1,800,000 Retained earnings $ 4,090,000 Dividends have not been declared and paid for 2020, a) Alex's total legal capital at December 31, 2020, is: (1 mark) b) The total amount of Alex's paid-in capital as at December 31, 2020, is: (1 mark) c) The average issue price per share of Alexander's preferred stock was: (1 mark) d) The book value per share of common stock is: (3 marks) e) balance in Retained Earnings at the beginning of the year was $1 950,000, and there were no dividends in arrears, Net income for 2020 was $3080,000. What was the amount of dividend declared on each share of common stock during 2020Step by Step Solution
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