The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) (s and shares in thousands) Stockholders equityt Preferred stock, $1 par value Common stock, 51 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' equity $ 4,200 12,000 262,200 278,400 270,000 (140,000 5 408,400 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4A Part 1 Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of shares Required information Problem 10-4A Analyze the stockholders' equity section (L010-7) [The following information applies to the questions displayed below) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity! Preferred stock, $1 par value 4,200 Common stock, $1 par value 12,000 Additional paid in capital 262,200 Total paid-in capital 278,400 Retained earnings 270,000 Treasury stock, 10.000 coemon shares (140.000) Total stockholders' equity $ 408,400 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands Problem 10-4A Part 2 2. How many shores of common stock have been issued? (Enter you answer in total numbel of shares, not in thousands.) YLE Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below) The stockholders' equity section of Velcro World is presented here, VILLCRO WORLD Balance Sheet (partial) ($ and share in thousands) Stockholders' equity! Preferred stock, 51 par value 4,200 Comon stock, $1 par value 12,000 Additional paid-in capital 262,200 Total paid-in capital 278,400 Retained earnings 270,000 Treasury stock, 10,000 common shares (140,000) Total stockholders' equity $ 400, 400 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands Problem 10-4A Part 3 3. If the common shares were issued at $12 per shore, at what average price per share were the preferred shares issued? Preferred sharon istuod prion per share [The following information applies to the questions displayed below) The stockholders' equity section of Velcro World is presented here VELCRO WORLD Balance Sheet (partial ($ and shares in thousands) Stockholders' equity Preferred stock, $1 par value Common stock, 51 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 10,000 common sharen Total stockholders equity $ 4,200 12,000 262,200 278,400 270,000 (140,000) $ 408,400 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands Problem 10-4A Part 4 4. If retained earnings at the beginning of the period was $232 million and $12 million was paid in dividends during the year, what was the net income for the year? (Enter your answer in millione., 5,000,000 should be entered as 5).) Propiem 10-4A Analyze the stocknolders equity section (LUIU-1) (The following information applies to the questions displayed below.) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid in capital Total paid-in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' equity $ 4.200 12.000 262,200 278, 400 270,000 (140,000) $ 408,400 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands Problem 10-4A Part 5 5. What was the average cost per shore of the treasury stock acquired? Average cost per share
