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The Stockholders' Equity section of the December 31, 2016, balance sheet of Eldon Company Preferred stock, $30 par value, 5,000 shares authorized, ? shares issued
The Stockholders' Equity section of the December 31, 2016, balance sheet of Eldon Company Preferred stock, $30 par value, 5,000 shares authorized, ? shares issued Common stock, $? par, 10,000 shares authorized, 7,000 shares issued Additional paid-in capital preferred Additional paid-in capital common Additional paid-in capital treasury stock Total contributed capital Retained earnings Treasury stock, preferred, 100 shares Total stockholders' equity $ 120,000 $70,000 6,000 $ 560,000 1,000 $ 757,000 40,000 200 Determine the following items based on Eldon's balance sheet 1 The number of shares of preferred stock issued 2 The number of shares of preferred stock outstanding 3 The average per-share sales price of the preferred stock when issued 4 The par value of the common stock. 5 The average per-share sales price of the common stock when issued 6 The cost of the treasury stock per share 7 The total stockholders' equity 8 The per-share book value of the common stock assuming that there are no dividends in arrears and that the preferred stock can be redeemed at its par value The Stockholders' Equity section of the December 31, 2016, balance sheet of Eldon Company Preferred stock, $30 par value, 5,000 shares authorized, ? shares issued Common stock, $? par, 10,000 shares authorized, 7,000 shares issued Additional paid-in capital preferred Additional paid-in capital common Additional paid-in capital treasury stock Total contributed capital Retained earnings Treasury stock, preferred, 100 shares Total stockholders' equity $ 120,000 $70,000 6,000 $ 560,000 1,000 $ 757,000 40,000 200 Determine the following items based on Eldon's balance sheet 1 The number of shares of preferred stock issued 2 The number of shares of preferred stock outstanding 3 The average per-share sales price of the preferred stock when issued 4 The par value of the common stock. 5 The average per-share sales price of the common stock when issued 6 The cost of the treasury stock per share 7 The total stockholders' equity 8 The per-share book value of the common stock assuming that there are no dividends in arrears and that the preferred stock can be redeemed at its par value
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