The stockholders' equity section of Swifty Corporation balance sheet at December 31 is presented here:

SWIFTY CORPORATION Balance Sheet (partial)
Stockholders' equity
Paid-in capital
Preferred stock, cumulative, 16,000 shares authorized,
4,000 shares issued and outstanding					$ 400,000
Common stock, no par, 750,000 shares authorized,
670,000 shares issued					6,700,000
Total paid-in capital					7,100,000
Retained earnings					1,370,000
Total paid-in capital and retained earnings					8,470,000
Less: Treasury stock ( 12,000 common shares)					42,000
Total stockholders' equity					$ 8,428,000

From a review of the stockholders' equity section, answer the following questions.

(a)

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How many shares of common stock are outstanding?

Outstanding shares

enter a number of shares shares

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(b)

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Assuming there is a stated value, what is the stated value of the common stock?

Stated value of common stock

$ enter a dollar amount per share

per share

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(c)

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What is the par value of the preferred stock?

Par value of preferred stock

$ enter a dollar amount per share

per share

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(d)

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If the annual dividend on preferred stock is $ 33,000, what is the dividend rate on preferred stock? (Round answer to 2 decimal places, e.g. 52.75.)

Dividend rate on preferred stock

enter dividend rate on preferred stock in persentages %

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(e)

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If dividends of $ 68,000 were in arrears on preferred stock, what would be the balance reported for retained earnings?

Balance for Retained Earnings

$ enter a dollar amount