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The stockholders equity section or Cheyenne Corp:statance sheet at December 31 is presente nere. = Cheyenne Corp. Balance Sheet(partial) Stockholders' equity Paid-in capital Preferred stock
The stockholders equity section or Cheyenne Corp:statance sheet at December 31 is presente nere. = Cheyenne Corp. Balance Sheet(partial) Stockholders' equity Paid-in capital Preferred stock cumulative, 10.000 shares authorized, 5.000 shares issued and outstanding Common stock, no par, 780,000 shares authorized, 530,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (7,000 common shares) Total stockholders' equity $500,000 2,650,000 3,150,000 1.858.000 5,008,000 39,200 $4.968.800 From a review of the stockholders' equity section, answer the following questions. (a) shares (b) $ per share (c) How many shares of common stock are outstanding? Assuming there is a stated value, what is the stated value of the common stock What is the par value of the preferred stock? If the annual dividend on preferred stock is $55,000, what is the dividend rate on preferred stock? If dividends of $110,000 were in arrears on preferred stock, what would be the balance reported for retained earnings per share (d) le)
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