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Use the following to answer questions 18 - 22 Attention Men's Wear, Inc. Balance Sheet (Stockholders' Equity Section) At December 31, 20XE Preferred stock, $100
Use the following to answer questions 18 - 22 Attention Men's Wear, Inc. Balance Sheet (Stockholders' Equity Section) At December 31, 20XE Preferred stock, $100 par value $1,000,000 Common stock, $0.01 par value 7,500 Additional Paid in capital 15,950,000 Total paid in capital 16,957,500 Retained earnings 850,000 Treasury stock (300,000) Total stockholders' equity $17,507,500 18. shares. How many shares of preferred stock have been issued? 19. . shares. How many shares of common stock have been issued? 20. $ per share. If the preferred shares were issued at an average price of $102.00 per share. At what price per share were the common shares issued? 21. $ _If retained earnings at the beginning of the period was $825,000 and Net income was $475,000, what were the declared dividends for the year? 22. _shares. If the treasury stock was repurchased at $30.00 per share, how many shares were purchased
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