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Required information [The following information applies to the questions displayed below) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet

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Required information [The following information applies to the questions displayed below) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) (5 and shares in thousands) Stockholders' equity: Preferred stock, 51 par value Common stock, $1 par value Additional paid-in capital Total paid in capital Retained earnings Treasury stock, 11.000 common shares Total stockholders' equity $ 5,700 27,000 964,200 996.900 285,000 (319,000) $ 962,900 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands 3. If the common shares were issued at $27 per share, at what average price per share were the preferred shares issued? Pretorted Shares issued price por share DLC . 5 SO W N P f G Search or type URL

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