Question
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: Contributed Capital Preferred Stock (par $20; authorized 10,000
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: Contributed Capital Preferred Stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) $ 124,000 Additional Paid-in Capital, Preferred 20,150 Common Stock (no-par; authorized 20,000 shares, issued and outstanding 7,000 shares) 770,000 Retained Earnings 40,000 Treasury Stock, 1,000 Preferred shares at cost 10,000 Assume that no shares of treasury stock have been sold in the past. Required: Complete the following statements. (Decreases should be indicated by a minus sign. Round per share to 2 decimal places.)
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i need help with 5,6 and 7
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