Answer (a)
Par Value per share of preferred stock :-
= issued & O/s Capital ÷ No of issued & O/s shares
= $ 2,00,000 ÷ 10000 shares
= $ 20 per share
Answer (b) Dividend Per share on prefered stock:-
DPS = Paid up value per share × dividend rate
= $ 20 × 6%
= $ 1.20 per share
Answer (c) Number of commom stock shares o/s:-
= Issued & O/s shares capital ÷ Paid up value per share
= $ 10,00,000 ÷ $ 10
= 1,00,000 shares
Answer (d) Average issue price per share of common stock :-
= total paidup capital common stock÷total issued & o/s share
= $ 15,00,000 ÷ 1,00,000 shares
= $ 15 per share
Please give me full answer Problem 8-25 The stockl s as tollows.qty nalyzing the stockholders' equity...
Problem 8-25 Analyzing the stockholders' equity section of the balance sheet The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, 2016, is as follows. Stockholders Equity Paid-in capital 200,000 Preferred stock, ? par value, 6% cumulative, 100,000 shares authorized 10,000 shares issued and outstanding Common stock, $10 stated value, 200,000 shares authorized, 100,000 shares issued and ?? shares outstanding 1,000,000 Paid-in capital in excess of par- Preferred 25,000 Paid-in capital in 50o,000 excess of...
The stockholders’ equity section of the balance sheet for Mann Equipment Co. at December 31, Year 1, is as follows: Stockholders’ Equity Paid-in capital Preferred stock, ? par value, 6% cumulative, 100,000 shares authorized, 10,000 shares issued and outstanding $ 200,000 Common stock, $10 stated value, 200,000 shares authorized, 100,000 shares issued and outstanding 1,000,000 Paid-in capital in excess of par—Preferred 25,000 Paid-in capital in excess of stated value—Common 500,000 Total paid-in capital 1,725,000 Retained earnings 420,000 Total stockholders’ equity...
The stockholders’ equity section of the balance sheet for Mann Equipment Co. at December 31, Year 1, is as follows: Stockholders’ Equity Paid-in capital Preferred stock, ? par value, 4% cumulative, 120,000 shares authorized, 42,000 shares issued and outstanding $ 420,000 Common stock, $20 stated value, 170,000 shares authorized, 42,000 shares issued and outstanding 840,000 Paid-in capital in excess of par—Preferred 32,000 Paid-in capital in excess of stated value—Common 105,000 Total paid-in capital 1,397,000 Retained earnings 270,000 Total stockholders’ equity...
Problem 11-26A Analyzing the stockholders' equity section of the balance sheet LO 11-2, 11-3, 11-7 The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 1, is as follows: Stockholders' Equity Paid-in capital Preferred stock,? par value, 5% cumulative, 160,e00 shares authorized, 46,000 shares issued and outstanding Common stock, $20 stated value, 210,000 shares authorized, 46,000 shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Common Total...
The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, 2018. is as follows. $540,eee Stockholders' Equity Paid-in capital Preferred stock,? par value, 5% cumulative, 150,000 shares authorized, 45,000 shares issued and outstanding Common stock, $15 stated value, 280,000 shares authorized 45,eee?? shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Connon Total paid-in capital Retained earnings Treasury stock, 4,000 shares Total stockholders' equity 675,000 35,000 225, eee...
The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, 2018, is as follows. Stockholders' Equity Paid-in capital Preferred stock,? par value, 5% cumulative, 230,000 shares authorized, 53,000 shares issued 636,000 and outstanding Common stock, $25 stated value, 280,000 shares authorized, 53,000?? shares issued and outstanding 1, 325,000 43,000 159,000 Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Common Total paid-in capital Retained earnings Treasury stock, 9,000 shares Total stockholders' equity...
The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, 2018. is as follows. $ 580,000 Stockholders' Equity Paid-in capital Preferred stock,? par value, 5% cumulative, 288,eee shares authorized, 58,000 shares issued and outstanding Connon stock, $20 stated value, 330,000 shares authorized, 58, eee?? shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Connon Total paid-in capital Retained earnings Treasury stock, 5,eee shares Total stockholders' equity 1,160, eee...
The stockholders’ equity section of the balance sheet for Mann Equipment Co. at December 31, 2018, is as follows. Stockholders' Equity Paid-in capital Preferred stock,? par value, 4% cumulative, 290,000 shares authorized, 59,000 shares $590,006 1ssued and outstanding Common stock, $15 stated value, 340,000 shares authorized, 59,000?? shares issued and 885,000 49,000 outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated 295,000 value-Common Total paid-in capital Retained earnings Treasury stock, 3,000 shares Total stockholders equity 1,819,000...
Please write a clear answer and correct 11-26B Analyzing the stockho kholders' equity section of the balance sheet for Stinson Co lders' equity section of the balance sheet Proprietorships, Partnerships, and Corporation as follows r Stinson Company at December 31, Year , is LO 11-2, 11 Stockholders' Equity Paid-in capital Preferred stock. ? par value, 5% cumulative 100,000 shares authorized, 40,000 shares issued and outstanding Common stock, $20 stated value, 150,000 shares 400,000 authorized, 40,000 shares issued and ? outstanding...
The Stockholders' Equity section of Foreign Tours Corporation's balance sheet at the close of the current year follows. $ 6,000,000 320,000 Stockholders' Equity Preferred stock (8%, $75 par value, 100,000 shares authorized) At Par Value (80,000 shares issued) Paid-in Capital in Excess of Par Value Common Stock (no-par value, stated value of $5, 1,800,000 shares authorized) At Stated Value Paid-in Capital in Excess of Stated Value Retained Earnings Total Stockholders' Equity 9,000,000 12,600,000 5,600,000 $33,520,000 1-a. What is the amount...