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, 12,000 common shares Total stockholders' equity $ 4,300 13,000 293,600 310,900 271,000 (180,000) $ 401,900 Based on the stockholders' equity section of Velcro World, answer the following qu presented in thousands. Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total nun Number of shares of Velcro World is presented here ok 13 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, 12,889 common shares Total stockholders' equity hces $ 4,300 13,000 293,600 310,900 271,000 (180,000 $ 401,989 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember presented in thousands 2. How many shares of common stock have been issued? (Enter you answer in total number of shares, noti Number of shares 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, 12,000 common shares Total stockholders' equity $ 4,300 13,000 293,600 319,900 271,000 (180,000) 5 401,900 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all presented in thousands If the common shares were issued at $13 per share, at what average price per share were the preferred shares is referred shares issued price per share The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet: (partial) ($ 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, 12,600 common shares Total stockholders' equity $ 4,300 13,000 293,600 310,900 271,000 (180,000) $ 401,900 Based on the stockholders' equity section of Velcro World, answer the following questions, Remember that all amounts a presented in thousands 4. If retained earnings at the beginning of the period was $233 million and $13 million was paid in dividends during the year wh the net income for the year? (Enter your answer in million (i... 5,000,000 should be entered as 5).) Not income million The stockholders' equity section of Velcro World is presented here Book rint VELCRO WORLD Balance Sheet (partial) (5 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, 12,000 common shares Total stockholders' equity rences 4,300 13,000 293,600 319,900 271,000 280,000) $401,900 Based on the stockholders equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands 5. What was the average cost per share of the treasury stock acquired? Average cost per share
