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. The Walter Company has the following information in the stockholders equity section of their balance sheet: $5 Preferred Stock $50 par 2,000 shared issued

. The Walter Company has the following information in the stockholders equity section of their balance sheet:

$5 Preferred Stock $50 par 2,000 shared issued and outstanding

Common Stock $2 par, 500,000 shares authorized, 200,000 shares issued

160,000 shares outstanding

Paid in Capital in Excess of Par Common Stock

Other Paid in Capital 50,000

Total Paid in Capital ____________

Retained Earnings 250,000

Treasury Stock @ Cost ____________

Total Stockholders Equity ____________

Other information:

The amount paid for one share of preferred stock is $200.

The amount paid for one share of common stock is $10.

The amount paid for one share of treasury stock is $8.

Determine the following (40 Points)

  1. What is the $ amount in the Preferred Stock account?

  2. What is the $ amount in the Paid in Capital in Excess of par account?

  3. What is the $ amount in the Common Stock account?

  4. What is the $ amount in the Paid in Capital in Excess of par account?

  5. What it Total Paid in Capital?

  6. How many shares of Treasury stock?

  7. What is the $ amount of Treasury Stock?

  8. What is Total Stockholders Equity?

  9. What is another way of writing the Preferred Stock line?

What is the ordinary dividend for Preferred Stock?

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