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The stockholders' equity section of Novak Corp.'s balance sheet at December 31 is presented here. From a review of the stockholders' equity section, answer the
The stockholders' equity section of Novak Corp.'s balance sheet at December 31 is presented here. From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding shares (b) Assuming there is a stated value, what is the stated value of the common stock? \begin{tabular}{l|l|l} The stated value of the common stock $ & per share \end{tabular} (c) What is the par value of the preferred stock? The par value of the preferred stock \$ per share (d) If the annual dividend on preferred stock is $36,966, what is the dividend rate on preferred stock? The dividend rate
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