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What is common stock outstanding and show calculations please? Also, what is retained earnings balance and show calculations, same information used for both. ellegeinstructure.com/courses/9534/assignments/129284 The
What is common stock outstanding and show calculations please? Also, what is retained earnings balance and show calculations, same information used for both.
ellegeinstructure.com/courses/9534/assignments/129284 The stockholders' equity section of Sarasota Corp's balance sheet at December 31 is presented here. SARASOTA CORP Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 10,833 shares authorized, 6,500 shares issued and outstanding Common stock, no par, 729,310 shares authorized, 564,000 shares issued Total paid-in capital $663,000 1.692.000 2,355,000 1.180.000 Retained earnings 3,535,000 Total paid-in capital and retained earnings 41,600 Less: Treasury stock (7.800 common shares) $3.493,400 Total stockholders' equity From a review of the stockholders equity section, answer the following questions. (a) How many shares of common stock are outstanding? 165330 shares Common stock outstanding (b) Assuming there is a stated value.what is the stated value of the common stock? nec share tructure.com/courses/9534/assignments/129284 The par value of the preferred stock $ 102 per share (d) If the annual dividend on preferred stock is $53,040, what is the dividend rate on preferred stock? The dividend rate 8 % (e) If dividends of $72,300 were in arrears on preferred stock, what would be the balance reported for retai The Retained Earnings balance $ 2282700 eTextbook and Media Attempts: 4 of 5 used Send to Gradebook Submitted to Gradebook, Wed, Nov 20 2019,7:34:18 PM America/Los Angeles -08:00)
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